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Our 2025 monetary policy strategy assessment

The aim of the ECB’s 2025 strategy assessment was to make sure our monetary policy strategy remains fit for purpose, both now and in the future.

The results of the strategy assessment provide a strong foundation for our monetary policy in a changing environment.

The results of our strategy assessment

Monetary policy strategy statement

Read our updated strategy statement.

Monetary policy strategy statement
Overview of the monetary policy strategy

Find out more about our updated strategy. 

Overview note
ECB’s Governing Council updates its monetary policy strategy

Here is what the Governing Council decided after the strategy assessment.

Press release

Background material

We have published two occasional papers which provided input for the strategy assessment. Our occasional papers cover work on subjects related to our main tasks and functions and are aimed at a broad audience.

Read the occasional papers

What aspects did we look at during the strategy assessment?

The world around us is changing in many ways. This affects how our economy works and we need to chart our course in a more uncertain environment, as we work to keep prices stable. Explore our cartoons on the different themes and read more on why these aspects matter for monetary policy.

Themes of the strategy assessment

Press conference on strategy review outcome

President Christine Lagarde and Vice-President Luis de Guindos presented the outcome of the strategy review and answered questions from journalists.

Watch the press conference and read more

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