Our analysis is like a window into the engine room of the economy.

We continually upgrade our toolkit to ensure our economic analysis remains fit for purpose in a changing world.

Find out more in our strategy assessment www.ecb.europa.eu/mopo/strateg...

When central banks speak, it affects financial markets, the economy and people’s lives.

We’re committed to continually updating our communication to make sure people know what we do and why it matters for them.

Find out more in our strategy assessment www.ecb.europa.eu/mopo/strateg...

Our mission is to make sure that inflation remains at 2% over the medium term. To do this, we use our monetary policy tools to influence what it costs to borrow money. If we need to, we can also develop new policy instruments.

Find out more www.ecb.europa.eu/mopo/strateg...

Our monetary policy has to ensure that inflation doesn’t drift away from our 2% target for too long, and we have to be forceful or persistent in our actions whether inflation is too high or too low.

Find out more in our strategy assessment www.ecb.europa.eu/mopo/strateg...

A healthy economy needs a healthy planet.

Therefore, climate change is an integral part of our monetary policy analysis. For the same reason, we are now exploring the economic implications of nature degradation.

Find out more in our strategy assessment www.ecb.europa.eu/mopo/strateg...

The ageing of our population is expected to pull inflation down in the longer run. But it may also reshape how fast and how much the economy can grow.

These trends matter for monetary policy.

Find out more in our strategy assessment www.ecb.europa.eu/mopo/strateg...

Will AI boost productivity and pull down prices? Or will it trigger higher wages and boost demand, and therefore drive up prices?

The chessboard is set, but the outcome of the game is still to be seen.

Find out more in our strategy assessment www.ecb.europa.eu/mopo/strateg...

In our monetary policy strategy assessment we looked at how structural forces – both familiar and new – are reshaping our economies. Like an orchestra playing out of rhythm, the global economy no longer functions as smoothly as it used to.

Find out more www.ecb.europa.eu/mopo/strateg...

Uncertainty is a defining feature of today’s economic landscape.

In this uncertain terrain, we have to be vigilant and flexible to keep inflation at around our 2% target.

Find out more in our strategy assessment www.ecb.europa.eu/mopo/strateg...