Sure, however by no means on such an enormous scale. Within the six years that adopted the 2008 monetary disaster, the Fed purchased greater than $3.5 trillion in bonds. Different central banks had related applications on the time, together with the Financial institution of Japan, the European Central Financial institution, and the Financial institution of England. The European Central Financial institution and the Financial institution of Japan by no means stopped the bond purchases they began after the monetary disaster, and stepped up their shopping for after the pandemic hit within the spring of 2020.
https://www.washingtonpost.com/enterprise/whats-a-taper-why-are-central-banks-debating-them/2021/09/02/53b71c56-0ba2-11ec-a7c8-61bb7b3bf628_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business | What’s a Taper? Why Are Central Banks Debating Them?