Monetary policy set a maximum of 12 times a year

Frequency of meetings highest on average in upper-middle income economies

Central banks around the world hold an average of seven monetary policy meetings per annum and a median of six. The maximum is 12 and minimum is zero.

The Monetary Policy Benchmarks 2022 revealed this trend among 35 of the respondents to the question. Upper-middle income central banks hold the most meetings, eight per year on average.

Monetary policy committee members of low income institutions tend to meet the least, on average four times a year, though the sample is small.

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BEHI

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