2min chapter

The ECB Podcast cover image

President Lagarde presents the latest monetary policy decisions – 16 March 2023

The ECB Podcast

CHAPTER

The Latest Developments in the ECB's Inflation Outlook

Inflation, excluding energy and food, continued to increase in February. ECB staff expects it to average 4.6% in 23, which is higher than foreseen in the December projections. Subsequently, it is projected to come down to 2.5% in 24 and 2.2% in 25. The decisions taken today are set out in a press release that is available on our website.

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