The ECB starts their ‘QT’ policy in march.
Meanwhile they’ll use their TPI mechanism to do QE aimed at helping more indebted euro zone countries and preventing financial fragmentation within the currency bloc.
Can’t make this up.
Discussion
Tic...tac...
They will also be targeting their TPI at good companies with good ESG scores.
The tightening is for bad industries and bad people. The easing is for good companies and good industries.
They are resetting the economy to a centrally planned utopia in their minds. The reality will be much more dystopian.
“Easing for good companies”
Read GIPS countries who only run huge deficits 😅😂