In a time when traditional monetary policy tools such as the policy rate is approaching the possible lower bound, central banks in many parts of the world had to expand their toolboxes. An increasing number of them have therefore taken measures that have caused their balance sheets to increase.

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Sveriges Riksbank published this content on 24 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2021 09:33:02 UTC.