Asset purchases used in only a handful of jurisdictions

Data shows small decline relative to 2021, which may reflect exit from pandemic stimulus

Only a handful of central banks operate asset purchase programmes (APPs) as part of their monetary policy, and the group appears to have shrunk further in the past year.

Among the 38 central banks that answered the question this year, 10 institutions (26.3%) said they operate an APP. This was down slightly from 34.4% last year.

The difference in figures may indicate some central banks have ended their APPs as the economic impact of the pandemic fades. It could also reflect the different sample

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