ECB adopts 2% symmetric inflation target

Christine Lagarde
European Central Bank

The European Central Bank has adopted a 2% symmetric inflation target after the conclusion of its strategy review, it announced today (July 8).

As reported by Central Banking on July 6, the ECB’s governing council decided to avoid following the US Federal Reserve and adopt average inflation targeting. This would have entailed a commitment to offset years below the target with a period over it.

In its official statement, the governing council said it “considers that price stability is best

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: