ECB Is Set to Start Next Strategy Review After Summer Break

The European Central Bank will soon commence the next review of its monetary-policy strategy, according to people familiar with the matter — a process that could shape future interest-rate actions and its response to crises.

The evaluation will be carried out together with the euro zone’s 20 national central banks and will most likely begin after the ECB’s summer break in August, the people said, asking not to be identified because talks are private and no final decisions have been taken. The Governing Council would like to present the results in the second half of 2025, they said.