Today our Governing Council decided on monetary policy, determining what’s needed to achieve stable prices in the euro area.
Listen to President Christine Lagarde present today’s decisions. The statement also covers:
- how the economy is performing
- how we expect prices to develop
- the risks to the economic outlook
- the dynamics behind financial and monetary conditions
Published and recorded during our press conference on 21 July 2022.
Additional material:
Our monetary policy statement at a glance, 21 July 2022
https://www.ecb.europa.eu/press/pressconf/visual-mps/2022/html/mopo_statement_explained_july.en.html
Christine Lagarde, Luis de Guindos: Monetary policy statement (with Q&A), 21 July 2022
https://www.ecb.europa.eu/press/pressconf/2022/html/ecb.is220721~51ef267c68.en.html
Monetary policy decisions, 21 July 2022
https://www.ecb.europa.eu/press/pr/date/2022/html/ecb.mp220721~53e5bdd317.en.html
Combined monetary policy decisions and statement, 21 July 2022
https://www.ecb.europa.eu/press/pressconf/shared/pdf/ecb.ds220721~de2b7f0639.en.pdf
Press release: The Transmission Protection Instrument, 21 July 2022 https://www.ecb.europa.eu/press/pr/date/2022/html/ecb.pr220721~973e6e7273.en.html
Explainer: We have raised interest rates. What does that mean for you?
https://www.ecb.europa.eu/ecb/educational/explainers/tell-me-more/html/interest_rates.en.html
European Central Bank
https://www.ecb.europa.eu/home/html/index.en.html
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The ECB Podcast