How Global Central Banks are Responding to COVID-19, in One Chart
When times get tough, central banks typically act as the first line of defense.
However, modern economies are incredibly complex—and calamities like the 2008 financial crisis have already pushed traditional policy tools to their limits. In response, some central banks have turned to newer, more unconventional strategies such as quantitative easing and negative interest rates to do their work.
In response to the COVID-19 pandemic, central banks are once again taking decisive action. To help us understand what’s being done, this infographic uses data from the International Monetary Fund (IMF) to compare the policy responses of 29 systemically important economies.
First published: May 20 2020 (link)
Source files included: .ai, .eps, .pdf
Data source: International Monetary Fund, European Central Bank
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