BoE bloggers suggest central banks could use equity-financed QE

Bank of England
The Bank of England

Central banks facing a crisis in future could fund their quantitative easing (QE) programmes by issuing shares instead of creating reserves, economists from the Bank of England (BoE) suggest in a blog post, published today (July 3).

As part of a study of “past, present and future” balance sheets, economists James Barker, David Bholat and Ryland Thomas outline some innovations central banks might wish to consider in the future. One is the option of using their equity to implement policy.


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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: