The 2025 review meets the commitment, announced by the Governing Council after the review ended in 2021, to periodically assess the appropriateness of its monetary policy strategy.
Confirming the commitment to aim for two percent inflation over the medium term, the review highlights the importance of a strategy that enables to respond effectively to major changes in the inflation environment also stemming from structural changes, such as geopolitical and economic fragmentation, artificial intelligence and demographic developments.
The outcome of our strategy review
- Monetary policy strategy statement
- An overview of the ECB's monetary policy strategy
- Themes of the strategy assessment
Press release
Press conference on the strategy review outcome
President Christine Lagarde and Member of the Executive Board of the ECB, Philip R. Lane, presented the outcome of the strategy assessment and answered questions from journalists.
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