Most central banks co-ordinate monetary and financial stability tools
Cross-scenario evaluation and committee overlap cited as areas of interaction
Financial stability policy is co-ordinated with monetary policy at four in five jurisdictions, data from the Financial Stability Benchmarks 2025 shows.
Thirty-six (83.7%) of 43 central banks that addressed the question indicated that they co-ordinate both policy areas. The practice is not recognised in 16.3% of central banks.
The co-ordination of monetary policy and financial stability policy refers to an interplay of policy tools and strategies, where goals may overlap as well as diverge.
Across
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