Use of asset purchase programmes for monetary policy wanes

Additional central banks end scheme, as more institutions forecast decrease

The use of asset purchase programmes (APPs) decreased further among central banks partaking in the Monetary Policy Benchmarks 2023.

Just seven (21%) of 33 central banks say they operate an APP, a fall from 26% reported in 2022 and 34% in 2021. This likely reflects the wind-down of programmes launched to respond to Covid-19.

Samples differ from year to year, but 20 (61% of 33 central banks) participants in the 2023 benchmark also participated in 2022. Of these 20, two institutions that

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

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

.