Asset purchase programmes prevalent among advanced economies
But just 17% of emerging market economies said they operate a purchase programme
Data shows a clear divide between advanced economies, where asset purchase programmes are common, and emerging markets, where the policies are just starting to be adopted.
Two-thirds of respondents to the Monetary Policy Benchmarks 2021 from advanced economies said they operate asset purchase programmes, compared with just 17% in emerging market economies.
Asset purchase programmes are a form of monetary policy in which central banks create reserves to purchase securities, usually government
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