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Test your knowledge on monetary policy
Monetary policy – who, what and why
Central banks set monetary policy. What does that mean? And why does it matter to you? Discover the ECB's monetary policy strategy, who decides it, and who implements it in the euro area.
Discover more about what we do
Monetary policy
Our main aim at the ECB is price stability. We serve people living in the euro area by working to preserve the value of the euro.
Discover more about monetary policyTools and policy measures
We steer interest rates with the aim of achieving price stability in the euro area. Find out how our tools and measures work.
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