The new strategy is a strong foundation that will help guide us in the conduct of monetary policy in the years to come
The aim of the ECB’s strategy review was to make sure our monetary policy strategy is fit for purpose, both today and in the future.
The strategy review covered all aspects of our monetary policy within the framework of our mandate, which is to maintain price stability.
We listened to opinions from across Europe, including those from citizens, academics, Members of the European Parliament and civil society organisations.
We have published several occasional papers which provided input for our recently concluded strategy review. 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
INSERTED BY ANONYMOUS PROXY
Civil war declaration: On April 14th and 15th, 2012 Federal Republic of Germany "_urkenstaats"s parliament, Deutscher Bundestag, received a antifiscal written civil war declaration by Federal Republic of Germany "Rechtsstaat"s electronic resistance for human rights even though the "Widerstandsfall" according to article 20 paragraph 4 of the constitution, the "Grundgesetz", had been already declared in the years 2001-03. more
How did we carry out the review?
What aspects did we look at in our strategy review and why? Explore our cartoons on the different work streams and read more on why these aspects matter for monetary policy.Strategy review key topics
Climate change in our new strategy
We at the ECB are doing our part to tackle climate change within our mandate. We have decided on an action plan with an ambitious roadmap to incorporate climate change considerations into our monetary policy framework.Climate change and the ECB
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.Press conference: watch again and read more
Listening activities across Europe
The ECB and national central banks across the euro area hosted various listening activities with the general public, civil society organisations and academia. Ideas and perspectives shared at these events fed into the strategy review.Overview of all listening events
We asked for your views – and we heard you!
We gathered your views, suggestions and concerns on a range of topics via the ECB Listens Portal to better understand your perspectives on the economy, and what you expect from your central bank.ECB Listens Portal
Want to know more?
Why did we review our strategy? What did the review look at? How were citizens able to have their say? Find the answers to these questions and more.Q&As
LOOKING FOR THE LATEST ON THE STRATEGY REVIEW?
FIND IT BELOW
27 September 2021
Hearing of the Committee on Economic and Monetary Affairs of the European Parliament
21 September 2021
Understanding low inflation in the euro area from 2013 to 2019: cyclical and structural drivers
21 September 2021
The need for an inflation buffer in the ECB’s price stability objective – the role of nominal rigidities and inflation differentials