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 3 February 2022.

Additional material:

Our monetary policy statement at a glance, 3 February 2022
https://www.ecb.europa.eu/press/pressconf/visual-mps/2022/html/mopo_statement_explained_february.en.html

Christine Lagarde, Luis de Guindos: Monetary policy statement (with Q&A), 3 February 2022
https://www.ecb.europa.eu/press/pressconf/2022/html/ecb.is220203~ca7001dec0.en.html

Monetary policy decisions, 3 February 2022
https://www.ecb.europa.eu/press/pr/date/2022/html/ecb.mp220203~90fbe94662.en.html

Combined monetary policy decisions and statement, 3 February 2022
https://www.ecb.europa.eu/press/pressconf/shared/pdf/ecb.ds220203.en.pdf

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

You can also listen to The ECB Podcast on SoundCloud, Spotify, Deezer, Stitcher, YouTube, Amazon Music and many more pod.link/ecbpodcast