Journal Article

Responses of International Central Banks to the COVID-19 Crisis

Abstract: This article reviews and explains the recent policy reactions of the Federal Reserve, the European Central Bank, the Bank of England, and the Bank of Japan to the financial and macroeconomic turmoil caused by the COVID-19 pandemic. The financial and monetary policy actions of major central banks in the most recent crisis have, by some metrics, surpassed their responses to the Global Financial Crisis of 2007-09 in both swiftness and scope.

Keywords: COVID-19; central banks;

JEL Classification: E44; E58; E59; G01; G15;

Access Documents

File(s): File format is application/pdf
Description: Issue Full Text


Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Review

Publication Date: 2020-10-22

Volume: 102

Issue: 4

Pages: 338-384