Treasury officials more likely to serve on advanced economy MPCs
Monetary policy committees or boards comprise 8.2 people on average globally
Government representatives are more likely to be present on the committees or monetary-policy-setting boards of advanced economy (AE) central banks, the Monetary Policy Benchmarks 2023 find.
One-third (33%, or five) of 15 AE jurisdictions in the sample say they accommodate government officials, albeit with variable responsibilities. However, only 10.5% (two institutions) of 19 emerging market economy (EME) central banks have government representatives on boards.
Overall, 21% of 34 central
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