Monetary Policy Benchmarks 2024 – executive summary

Key findings from the benchmark on policy tools, liquidity facilities, transparency and more

In many respects, monetary conditions worldwide are stabilising. Inflation is coming down, albeit with some delay in reaching the target in many jurisdictions. Supply disruptions have eased. Crisis fighting is limited to a few jurisdictions facing unique pressures – notably wars – rather than being a worldwide phenomenon.

This stabilisation is reflected in the Monetary Policy Benchmarks 2024. The share of central banks with asset purchase programmes (APPs) has come down from its pandemic-era

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