Central banks should support demand and bolster confidence – IMF

IMF offers advice to central banks on what measures are appropriate to combat Covid-19

IMF logo
Photo: Flickr/freeimage4life

The International Monetary Fund has urged central banks to complement monetary policy moves with additional measures including forward guidance.

In a policy paper released today (March 16), the IMF says monetary easing will support demand and confidence in financial markets, while reducing borrowing costs for firms and households.

However, such action should be supported by stimulus provided through forward guidance about the expected path of monetary policy and the expansion of asset

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

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

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

.