Major Central Banks’ Assets Balance Sheets At Least Doubled Since 2008

Major Central Banks’ Assets Balance Sheets At Least Doubled Since 2008

World central banks have spent trillions on asset purchases, known as quantitative easing, to salvage their economies from the global financial crisis.

The three major central banks, the Federal Reserve, European Central Bank and Bank of Japan, have a combined balance sheet of assets worth $13 trillion, which at least have doubled since 2008.

The huge $13 trillion balance sheet is equal to the size of giant economies such as China or the euro area.

While the Fed has started to taper their asset purchases, the BoJ and the ECB will continue to face widening balance sheets for a while.

Ahmed Mamdouh

Ahmed Mamdouh, Co-Founder and Head of English Fundamental Analysis at FXComment.com, with 7 years of experience in the financial markets. Mamdouh holds a Master’s Degree in Economics from The American University in Cairo and a Bachelor Degree in Economics from The Faculty of Economics and Political Science, Cairo University.

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