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European Central Bank‘s Balance Sheet Shrinking Fast

The Wall Street Journal
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August 04, 2014 AT 10:50 AM
The ECB's balance sheet has shrunk by more than a trillion euros since 2012, draining cash from Europe's economy at at time when the Federal Reserve, the Bank of England and the Bank of Japan continue to take the opposite approach. Neil King joins joins MoneyBeat. Photo: Getty Images.