Many central banks conducted large-scale asset purchases for the first time during the Covid-19 crisis. The impact of asset purchases and relative importance of various transmission channels differed across time and economies. The liquidity channel, whereby purchases improved financial market liquidity, was particularly important during the early weeks of the Covid-19 crisis.


This information was gathered from the Bank for International Settlements

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The Bank for International Settlements is an international financial institution which is owned by member central banks. Its primary goal is to foster international monetary and financial cooperation while serving as a bank for central banks.  Last updated from Wikipedia 2023-05-31T17:50:58Z.
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