Notes: 1. Figures in brackets indicate the medians of the Policy Board members' forecasts (point estimates). 2. The forecasts of the majority of the Policy Board members are constructed as follows: each Policy Board member's forecast takes the form of a point estimate -- namely, the figure to which they attach the highest probability of realization.
These forecasts are then shown as a range, with the highest figure and the lowest figure excluded. The range does not indicate the forecast errors. Chart 9  The Bank's Measures in Response to COVID-19 Supporting Corporate Financing Special Program to Support Financing in Response to COVID-19 Purchases of CP and corporate bonds: amount outstanding of about 20 tril.