monetary-policy-hero-slide.jpg

Monetary Policy Benchmarks 2023 report – navigating uncertainty

Benchmark data highlights ongoing evolution in policy frameworks as central banks move beyond the pandemic – and into the high-inflation period

For well over a year now, most central banks around the world have been combatting higher inflation. This change in emphasis can be seen in the continued decline in the use of asset purchase programmes. The benchmarking data sheds light on the staff and decision-makers that determine policy, the tools and operating frameworks central banks use, and how monetary policy decisions are communicated.

Read the full report

Charts

 
Monetary policy pay

Various factors seem to contribute to salary levels in monetary policy departments. Inflation targeting central banks (and those with joint targets) tend to pay more, possibly a sign of higher demand for analytical skills in preparing policy decisions. Richer nations also pay more, in line with other benchmarks. However, size seems not to matter. There is only a weak correlation between total staff numbers and monetary policy salaries.

For the full breakdown, use the benchmarking service’s interactive charts to explore the data.

Explore interactive charts
Monetary policy Benchmark Data

Monetary policy data

View the full breakdown of responses to the Monetary policy Benchmarks.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.