Service Navigation

Homepage

Monthly Report: adjustments to the Eurosystem’s operational framework for implementing monetary policy

16.06.2025

In March 2024, the ECB Governing Council approved changes to the Eurosystem’s operational framework for implementing monetary policy. The Bundesbank’s economists provide an overview of the adjustments and an outlook for the review of the technical design in 2026 in the current issue of the Monthly Report. 

Monthly Report: adjustments to the Eurosystem’s operational framework for implementing monetary policy
The European Central Bank in Frankfurt am Main ©Robert Metsch / ECB

Harmonised index of consumer prices / Germany / Unadjusted figure / Overall index /

Prozent
−101234567891011122004200520062007200820092010201120122013201420152016201720182019202020212022202320242025

Current interest rates

Euro foreign exchange reference rate of the ECB / EUR 1 = USD ... / United States

USD
1.0751.0801.0851.0901.0951.1001.1051.1101.1151.1201.1251.1301.1351.1401.1451.1501.1551.1602025-042025-052025-06