Author
Listed:
- Kamps, Christophe
- Bussière, Matthieu
- Niessner, Birgit
- Tristani, Oreste
- Christoffel, Kai
- Kapadia, Sujit
- Ferrero, Giuseppe
- Gilbert, Niels
- Vlassopoulos, Thomas
- Motto, Roberto
- Gerke, Rafael
- Barrau, Galo Nuño
- Adalid, Ramón
- Akkaya, Yıldız
- Auer, Simone
- Bitter, Lea
- Brand, Claus
- Carrier, Alexandre
- Di Casola, Paola
- Dobrew, Michael
- Ferrari, Alessandro
- Goy, Gavin
- Grasso, Adriana
- Ilieva, Boryana
- Kostka, Thomas
- Lisack, Noëmie
- Mazelis, Falk
- McGregor, Thomas
- Nguyen, Benoît
- Rast, Sebastian
- Ristiniemi, Annukka
- Ruhkamp, Stefan
- Saint Guilhem, Arthur
- Saporito, Elisa
- Vladu, Andreea Liliana
- Aguilar, Pablo
- Allayioti, Anastasia
- Altavilla, Carlo
- Angelini, Elena
- Pareja, Ana Arencibia
- Argiri, Eleni
- Avgousti, Aris
- Bańkowska, Katarzyna
- Barkhausen, David
- Bartocci, Anna
- Bates, Colm
- Basten, Christoph
- Baumann, Ursel
- Benatti, Nicola
- Bernardini, Marco
- Bletzinger, Tilman
- Bobeica, Elena
- Bonfim, Diana
- Boeckx, Jef
- Böninghausen, Benjamin
- Bonomolo, Paolo
- Bottero, Margherita
- Boucinha, Miguel
- Broeders, Dirk
- Budnik, Katarzyna
- Burlon, Lorenzo
- Buss, Ginters
- Cantelmo, Alessandro
- Carboni, Giacomo
- da Costa, José Cardoso
- de Souza, Tomás Carrera
- Casalis, André
- Ciccarelli, Matteo
- Cinquin, Julian-Baptiste
- Chahad, Mohammed
- Coenen, Günter
- Consolo, Agostino
- Cova, Pietro
- Covarrubias, Matias
- De Jonghe, Olivier Georg
- De Santis, Roberto A.
- Deskar-Škrbić, Milan
- Rigato, Rodolfo Dinis
- Diaz, Rubén Dominguez
- Dupraz, Stéphane
- Ehrmann, Michael
- Elfsbacka-Schmöller, Michaela
- Besugo, Rita Fernandes Vitorino
- Ferrando, Annalisa
- Fonseca, Luís
- Forti Grazzini, Caterina
- Gallegos, José-Elías
- Gareis, Johannes
- Gáti, Laura
- Georgarakos, Dimitris
- Glöckler, Gabriel
- Gnocato, Nicolò
- Gomes, Sandra
- Gonzáles, Beatriz
- Goodhead, Robert
- Gori, Sofia
- Greco, Antonio
- Grimaud, Alex
- Groß, Johannes
- Haavio, Markus
- Hagenhoff, Tim
- Hammermann, Felix
- Helmus, Casper
- Heikkinen, Joni
- Hempell, Hannah S.
- Hoerova, Marie
- Holm-Hadulla, Fédéric
- Imbierowicz, Björn
- Irastorza, Katti
- Istrefi, Klodiana
- Italianer, Jip
- Jalasjoki, Pirkka
- Jørgensen, Kasper
- Elias, Gallegos Dago Jose
- Kaminskas, Rokas
- Karadi, Peter
- Kase, Hanno
- Kedan, Danielle
- Kerssenfischer, Mark
- Kienzler, Daniel
- Kilponen, Juha
- Klaver, Inge
- Kocharkov, Georgi
- Kockerols, Thore
- Kornprobst, Antoine
- Kortelainen, Mika
- Krustev, Georgi
- Kunzmann, Vanessa
- Kwapil, Claudia
- Laine, Olli-Matti
- Lang, Jan Hannes
- Lechtaler, Wolfgang
- Lemke, Wolfgang
- Lhuissier, Stéphane
- Lieberknecht, Philipp
- Linzert, Tobias
- Lozej, Matija
- Luikmel, Peeter
- Lund-Thomsen, Frederik
- Lünnemann, Patrick
- Malacrino, Davide
- Martínez Hernández, Catalina
- Martínez-Martin, Jaime
- Marx, Magali
- Mavromatis, Kostas
- Meyler, Aidan
- Momtsia, Angeliki
- Müller, Georg
- Nakov, Anton
- Nikolov, Kalin
- Notarpietro, Alessandro
- Obstbaum, Meri
- Odendahl, Florens
- Offermans, Christian
- Paloviita, Maritta
- Papadopoulou, Niki
- Papoutsi, Melina
- Patriček, Matic
- Penalver, Adrian
- Penciu, Alexandru
- Pintarić, Martin
- Pool, Sebastiaan
- Priftis, Romanos
- Quint, Dominic
- Rannenberg, Ansgar
- Reichenbachas, Tomas
- Röttger, Joost
- Scalone, Valerio
- Scheer, Alexander
- Scheithauer, Jan
- Schröder, Maximilian
- Schumacher, Julian
- Schupp, Fabian
- Schwaab, Bernd
- Skotida, Ifigeneia
- Speck, Christian
- Stevens, Arnoud
- Storz, Manuela
- Strukat, Martin
- Suda, Jacek
- Szablewksa, Marta
- Thaler, Dominik
- Tischer, Johannes
- Tosato, Andrea Giorgio
- Van der Ghote, Alejandro
- Várhelyi, Georges
- Velasco, Sofia
- Ventula-Veghazy, Alexia
- Vetlov, Igor
- Volk, Matjaz
- von Landesberger, Julian
- von Thadden, Leopold
- Wacks, Johannes
- Westermann, Thomas
- Wintr, Ladislav
- Zimic, Srečko
- Zlobins, Andrejs
- Zutis, Klavs
- Dupin, Elise
- Ebener, Luca
- Fernandes de Almeida Lindoso, Inês
- Hennigan, Cian
- Pilla, Edoardo
- Sammarini, Anita
- Strauss, Tal
- Ungarelli, Flavia
Abstract
This report focuses on the implications of the changed inflation environment for the ECB’s monetary policy strategy, including the lessons learned from both the low inflation and high inflation periods, and the transition from one to the other. The starting point of the report is the outcome of the Monetary Policy Strategy Review 2020-21. While the previous review was conducted in an economic environment of low inflation, with interest rates in proximity to the effective lower bound (ELB), the inflation surge that followed the COVID-19 pandemic underscores the importance of a monetary policy strategy that enables the Governing Council to effectively respond to major changes in the inflation environment.
Suggested Citation
Kamps, Christophe & Bussière, Matthieu & Niessner, Birgit & Tristani, Oreste & Christoffel, Kai & Kapadia, Sujit & Ferrero, Giuseppe & Gilbert, Niels & Vlassopoulos, Thomas & Motto, Roberto & Gerke, R, 2025.
"Report on monetary policy tools, strategy and communication,"
Occasional Paper Series
372, European Central Bank.
Handle:
RePEc:ecb:ecbops:2025372
Note: 491621
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