ECB: Next strategy assessment expected in 2030

ECB: Next strategy assessment expected in 2030

The European Central Bank (ECB) has confirmed its symmetric 2% inflation target over the medium term, as part of its updated monetary policy strategy. This strategy was announced on June 30, 2025, following a comprehensive assessment of the ECB's monetary policy framework [2]. The Governing Council emphasized the importance of maintaining this target, ensuring that inflation remains stable and predictable.

The ECB's strategy assessment highlighted the increasing uncertainty in the inflation environment, driven by structural shifts such as geopolitical and economic fragmentation, the growing use of artificial intelligence, and demographic changes. To maintain the symmetry of the target, the Governing Council will respond appropriately to large, sustained deviations of inflation from the target, in either direction [2].

All monetary policy tools currently available to the Governing Council will remain in its toolkit, allowing for a flexible and agile response to changes in the inflation environment. The ECB will continue to monitor and assess the appropriateness of its monetary policy strategy, with the next assessment expected in 2030 [2].

The ECB's commitment to maintaining price stability and adapting to a changing economic landscape underscores its dedication to supporting the eurozone's economic growth and stability. This strategy assessment is a significant step in ensuring that the ECB's monetary policy remains effective and relevant in an increasingly uncertain and volatile inflation environment.

References:
[1] https://economictimes.indiatimes.com/news/economy/foreign-trade/india-has-set-1-billion-turmeric-export-target-by-2030-union-minister-amit-shah/articleshow/122142011.cms
[2] https://www.ecb.europa.eu/press/pr/date/2025/html/ecb.pr250630~aabf988af8.en.html