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 4 May 2023.

Our monetary policy statement at a glance, 4 May 2023
https://www.ecb.europa.eu/press/pressconf/visual-mps/2023/html/mopo_statement_explained_may.en.html

Christine Lagarde, Luis de Guindos: Monetary policy statement (with Q&A), 4 May 2023
https://www.ecb.europa.eu/press/pressconf/2023/html/ecb.is230504~f242392c72.en.html

Monetary policy decisions, 4 May 2023
https://www.ecb.europa.eu/press/pr/date/2023/html/ecb.mp230504~cdfd11a697.en.html

Combined monetary policy decisions and statement, 4 May 2023
https://www.ecb.europa.eu/press/pressconf/shared/pdf/ecb.ds230504~3751d33d72.en.pdf

European Central Bank
https://www.ecb.europa.eu/home/html/index.en.html

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