European Central Bank’s 2025 monetary policy strategy assessment
The outcome of the European Central Bank’s 2025 strategy assessment was published on 30 June 2025. In this exercise, the bank analysed the inflation environment and the challenges for its modelling and forecasting landscape. The review covers the period of the recent inflation surge and examines how the ECB toolbox has weathered this episode as well as the communication of monetary policy decisions.
Birgit Niessner, head of the Oesterreichische Nationalbank’s economic analysis and research and co-lead of the workstream on Monetary Policy Tools, Strategy and Communication as part of the ECB’s strategy review, joins OMFIF to discuss the key findings and policy recommendations for monetary policy in uncertain times.
Speakers
Birgit Niessner
Director, Economic Analysis and Research
Oesterreichische Nationalbank
Birgit Niessner
Director, Economic Analysis and Research
Oesterreichische Nationalbank
David Marsh
Chairman
OMFIF
David Marsh
Chairman
OMFIF
David Marsh is Chairman and Co-Founder of OMFIF. Before starting at OMFIF in late 2009, he worked for City merchant bank Robert Fleming, corporate finance boutique Hawkpoint, German management consultancy Droege and London investment firm London & Oxford. Marsh took over the chairmanship from John Plender on 1 January 2018 having been Managing Director since 2014. He moved to a non-executive role following John Orchard’s appointment as Chief Executive effective 1 January 2020.