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Evaluating our strategy

The world around us is changing, and the global economy is facing challenges from geopolitical conflicts, economic fragmentation and other sources of uncertainty. In an environment that can change rapidly, we need to make sure that our monetary policy strategy remains fit for purpose, both now and in the future.

To do so, we periodically assess different aspects of our monetary policy within the framework of our mandate – which is to keep prices stable. Our next assessment is scheduled for 2030.

We make sure our monetary policy stays fit

Our 2025 strategy assessment

We published a strategy assessment in June 2025. It reconfirmed our commitment to the symmetric 2% inflation target and adjusts our strategy to a more uncertain and challenging environment, also stemming from structural changes, such as geopolitical and economic fragmentation, artificial intelligence and demographic developments.

Learn more about our 2025 strategy assessment
Our 2020-21 strategy review

The outcome of this review was published in July 2021. On the basis of the resulting new monetary policy strategy, we adopted a symmetric 2% target for inflation over the medium term and identified other key topics that are crucial for the way we carry out our work of keeping prices stable.

Learn more about our 2020-21 strategy review

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