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.

Centra

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