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Chart of the month – Monetary policy in advanced economies – January 2020

Table of Contents

Central bankers made a significant volte-face in 2019
… but they now retain limited latitude to respond to new negative shocks

1.    Slower economic growth and sagging inflation prompted a broad shift towards monetary easing in 2019.

  The decelerat...

 

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Chart of the month – Monetary policy in advanced economies – January 2020

Central bankers made a significant volte-face in 2019 … but they now retain limited latitude to respond to new negative shocks 1.    Slower economic growth