Vox eBooks

Monetary Policy and Central Banking in the Covid Era

• edited by Bill English Kristin Forbes Ángel Ubide
6 Mar 2021

The abruptness and speed of the economic deterioration caused by the Covid-19 pandemic, the sharp increase in market volatility, and the blinding uncertainty over the impact of the pandemic motivated a central bank reaction that was unprecedented in terms of size, speed and scope. This CEPR eBook summarises the responses by sixteen central banks from both advanced and emerging economies – with chapters written by senior central bank officials and economists in each of the countries to explain the actions taken.