ECB confirms 2% symmetric inflation target in strategy update

The ECB Governing Council has reaffirmed its 2% symmetric inflation goal in the latest update to its monetary policy strategy. The framework calls for a decisive or persistent response to significant and lasting deviations from the target in either direction.

President Christine Lagarde highlighted the review as an opportunity to refine tools and strengthen the ECB’s ability to maintain price stability amid growing uncertainty. All current policy instruments remain available, with flexible application based on proportionality and changing inflation dynamics.

The updated strategy will be applied starting with the July 23–24, 2025 meeting. Regular reviews are planned, with the next full assessment set for 2030.