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The ECB must avoid shrinking its balance sheet too much, its chief economist said, warning it could impair lending and threaten financial stability
— *Walter Bloomberg (@DeItaone) November 9, 2023ECB MAKES CASE FOR KEEPING BALANCE SHEET BIG - FT
The European Central Bank must avoid shrinking its balance sheet too much, its chief economist has said, warning this could impair lending and threaten financial stability.