G4 central bank balance sheet expands to $20 trillion

08/11/2020 00:55:24 GMT|ByOmkar Godbole

Central banks across the globe have responded to the Covid-19 crisis by generating an unprecedented amount of cash.

Notably, the cumulative balance sheet of G4 central banks - the US Federal Reserve, Bank of England, Bank of Japan, and the European Central Banks - has expanded to $20 trillion, as noted by Jeroen Blokland, portfolio manager with Robeco.

The G4 balance sheet size has increased by $5 trillion this year. The dilutive impact of the surge in money supply has boded well for scarce assets like gold. The yellow metal recently rose to record highs near $2,090 and is currently up 33% on a year-to-date basis.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

{{Text}}

News

G4 central bank balance sheet expands to $20 trillion

RELATED CONTENT