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Monetary policy & markets
Monetary policy & markets
Our monetary policy strategy, the tools we use and the impact they have
Overview of monetary policy and markets
Quick links
What is monetary policy?
Strategy review
Asset purchase programmes
Latest monetary policy press conference
24 July 2025
Introduction
Benefits of price stability
Scope of monetary policy
Transmission mechanism
Decisions, statements & accounts
Monetary policy strategy
Strategy review
Medium-term orientation
Two per cent inflation target
Economic, monetary and financial analysis
Economic analysis
Monetary and financial analysis
Instruments
Open market operations
TLTROs<