TY - UNPD A1 - Issing, Otmar T1 - Encompassing monetary policy strategy review T2 - SAFE white paper ; No. 68 N2 - This Policy White Paper assesses several main elements of ECB’s upcoming review of its monetary policy strategy, announced in January 2020. Four aspects of the review are discussed in detail: i) ECB’s definition of price stability and the arguments for and against inflation targeting; ii) the scope of ECB’s objectives, considering financial stability, employment and the sustainability of the environment; iii) an update of ECB’s economic and monetary analyses to assess the risks to price stability; iv) the ECB’s communication practice. Furthermore, an overview of the ECB’s monetary policy strategy and its last evaluation in 2003 is given. T3 - SAFE white paper series - 68 KW - monetary policy KW - ECB KW - price stability KW - two-pillar system KW - strategy review Y1 - 2020 UR - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/54611 UR - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-546113 UR - https://safe-frankfurt.de/de/policy-center/publikationen/detailsview/publicationname/encompassing-monetary-policy-strategy-review.html PB - SAFE CY - Frankfurt am Main ER -