ECB announces changes to the operational framework for implementing monetary policy

  • ECB concludes review that started in December 2022.
  • Framework sets out how Governing Council will steer short-term money market rates in line with its monetary policy decisions as Eurosystem balance sheet normalises.

Statement by the Governing Council: Changes to the operational framework for implementing monetary policyOpens in new window

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ECB announces changes to the operational framework for implementing monetary policy (216 KB)
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