Background

Monetary Policy

Monetary policy strategy

The primary objective of Eurosystem monetary policy is price stability. Every decision made as part of monetary policy is guided by the monetary policy strategy, which was last updated on 2021. This stipulates that price stability is best maintained by targeting inflation at a level of 2% over the medium term.

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Monetary policy measures

Decisions by the Governing Council of the ECB where the objective is ensuring price stability. The decisions are made on the basis of current economic indicators, projections for the euro area, and the situation on the financial markets.

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