What is a Non-standard Monetary Policy?

Non-standard Monetary Policy is a measure carried out by a central bank that would not normally be used.
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Non-standard Monetary Policy is a measure carried out by a central bank that would not normally be used.

Non-standard Monetary Policy includes a broad range of measures such as quantitative easing (QE), negative interest rates, direct asset and interventions in currency and securities markets.

Some of these measures were first used during the 2008 financial crisis.

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