IMF gives verdict on unconventional monetary policies


The International Monetary Fund (IMF) today published a policy paper examining the effectiveness of a range of unconventional monetary policies, concluding they have generally helped support economic recovery, but warning of many empirical pitfalls along the way.

The IMF looked at a wide range of stimulus measures, including purchases of both public and private assets, emergency liquidity support, the European Central Bank's (ECB) outright monetary transactions (OMT) programme, and lending suppo

To continue reading...

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 indvidual account here: