欧洲央行-关于货币政策工具、战略和沟通的报告（英）

Disclaimer: This paper constitutes staff input into the Governing Council’s deliberation in the context of the ECB’s 2025 monetary policy strategy assessment. This paper should not be reported as representing the views of the Eurosystem. The views expressed are those of the authors and do not necessarily reflect those of the Eurosystem. Occasional Paper Series Report on monetary policy tools, strategy and communication Workstream 2: Monetary Policy Tools, Strategy and Communication No 372 Contributors Acknowledgements This report has been jointly produced by the Eurosystem workstream “Monetary Policy Tools, Strategy and Communication”, comprising staff from the European Central Bank (ECB) and the national central banks (NCBs) of those countries that have adopted the euro. The workstream was supported by two task forces: the Task Force on Tools and Communication (TF1) and the Task Force on Modelling related to the Reaction Function and Policy Simulations (TF2), each subdivided into a number of teams. The workstream leadership would like to thank Annekatrin Bergmann for outstanding assistance. The report fed into the Governing Council’s deliberations on the 2025 assessment of the monetary policy strategy. Workstream leads Christophe Kamps European Central Bank email: christophe.kamps@ecb.europa.eu Matthieu Bussière Banque de France email: matthieu.bussiere@banque-france.fr Birgit Niessner Oesterreichische Nationalbank email: birgit.niessner@oenb.at Oreste Tristani European Central Bank email: oreste.tristani@ecb.europa.eu Coordinator Kai Christoffel European Central Bank email: kai.christoffel@ecb.europa.eu Task force leads Sujit Kapadia (TF1) European Central Bank email: sujit.kapadia@ecb.europa.eu Giuseppe Ferrero (TF1) Banca d’Italia email: giuseppe.ferrero@bancaditalia.it Niels Gilbert (TF1) De Nederlandsche Bank email: n.d.gilbert@dnb.nl Thomas Vlassopoulos (TF1) European Central Bank email: thomas.vlassopoulos@ecb.europa.eu Roberto Motto (TF2) European Central Bank email: roberto.motto@ecb.europa.eu Rafael Gerke (TF2) Deutsche Bundesbank email: rafael.gerke@bundesbank.de Galo Nuño Barrau (TF2) Banco de España email: galo.nuno@bde.es Team Leads Ramón Adalid European Central Bank email: ramon.adalid@ecb.europa.eu Yıldız Akkaya European Central Bank email: yildiz.akkaya_blake@ecb.europa.eu Simone Auer Banca d’Italia email: simone.auer@bancaditalia.it Lea Bitter European Central Bank email: lea.bitter@ecb.europa.eu Claus Brand European Central Bank email: claus.brand@ecb.europa.eu Alexandre Carrier European Central Bank email: alexandre.carrier@ecb.europa.eu Paola Di Casola European Central Bank email: paola.di_casola@ecb.europa.eu Michael Dobrew European Central Bank email: michael.dobrew@ecb.europa.eu Alessandro Ferrari European Central Bank email: alessandro.ferrari@ecb.europa.eu Gavin Goy De Nederlandsche Bank email: g.w.goy@dnb.nl Adriana Grasso European Central Bank email: adriana.grasso@ecb.europa.eu Boryana Ilieva European