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 16 March 2023.

Additional material:

Our monetary policy statement at a glance, 16 March 2023
https://www.ecb.europa.eu/press/pressconf/visual-mps/2023/html/mopo_statement_explained_march.en.html

Christine Lagarde, Luis de Guindos: Monetary policy statement (with Q&A), 16 March 2023
https://www.ecb.europa.eu/press/pressconf/2023/html/ecb.is230316~6c10b087b5.en.html

Monetary policy decisions, 16 March 2023
https://www.ecb.europa.eu/press/pr/date/2023/html/ecb.mp230316~aad5249f30.en.html

Combined monetary policy decisions and statement, 16 March 2023
https://www.ecb.europa.eu/press/pressconf/shared/pdf/ecb.ds230316~34822c9f1d.en.pdf

Macroeconomic projections, 16 March 2023
https://www.ecb.europa.eu/pub/projections/html/index.en.html

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

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