# Lagarde promises wide-ranging review of ECB monetary policy - Central Banking

> Lagarde said the ECB's strategic review of its policy framework will be wide-ranging. She also announced a task force on a central bank digital currency, the digital euro, which is to report in mid-2020. The December 12 meeting itself made no rate changes.

- Date: 2019-12-12 · published 2019-12-12T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/55784-lagarde-promises-wide-ranging-review-of-ecb-monetary-policy-central-banking
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

The review and digital currency work are long-term institutional matters with no near-term effect on rates or currency flows. Feed prices are unaffected in the near term.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2020-01-23 | [ECB launches review of its monetary policy strategy](https://feedsoft.ai/events/55289-ecb-launches-review-of-its-monetary-policy-strategy.md) | -0.7% | -2.6% |
| EURUSD | 2025-11-21 | [ECB’s Lagarde: Remains open to adjusting monetary policy if inflation deviates](https://feedsoft.ai/events/22151-ecb-s-lagarde-remains-open-to-adjusting-monetary-policy-if-inflation-deviates.md) | +0.6% | +1.6% |
| EURUSD | 2016-11-17 | [Account of the monetary policy meeting of the Governing Council of the European Central Bank](https://feedsoft.ai/events/8331-account-of-the-monetary-policy-meeting-of-the-governing-council-of-the-european.md) | -1.3% | -3.0% |
| EURUSD | 2018-05-04 | [Past and future of the ECB monetary policy](https://feedsoft.ai/events/65223-past-and-future-of-the-ecb-monetary-policy.md) | -0.6% | -2.4% |
| EURUSD | 2017-11-13 | [Economic recovery and the new phase of monetary policy](https://feedsoft.ai/events/68191-economic-recovery-and-the-new-phase-of-monetary-policy.md) | +1.3% | +1.3% |

## Sources

- centralbanking.com: https://www.centralbanking.com/central-banks/monetary-policy/4603416/lagarde-promises-wide-ranging-review-of-ecb-monetary-policy

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.