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Monetary policy frameworks: recent developments and outlook – an international comparative view

Major central banks nowadays formulate explicit monetary policy strategies, to enhance effectiveness, transparency and accountability. In the light of a fast-changing economic environment, strategies are regularly reviewed, based on comprehensive research and stocktaking exercises. The ECB published the outcome of its latest monetary policy strategy review on 30 June 2025. In this workshop, jointly organised by the BIS, the ECB and SUERF, the ECB’s Chief Economist and one lead coordinator in the latest strategy review present key outcomes and background studies […]