Global central bank balance sheets remain at 80% of the peak
WASHINGTON -- Assets held at central banks in Japan, the U.S. and Europe remain at 80% of their peak, demonstrating how funds pumped into the markets in pandemic-era quantitative easing continue to support global equities.
The U.S. Federal Reserve on Wednesday reiterated its forecast of cutting rates three times by year end while signaling plans to slow quantitative tapering soon to prevent market disruptions.