Uploaded July 2026 | Updated September 2026, 2 weeks ago

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Today our Governing Council decided on monetary policy.
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 23 July 2026.

Our monetary policy statement at a glance, 23 July 2026
https://www.ecb.europa.eu/press/press_conference/visual-mps/2026/html/mopo_statement_explained_july.en.html

Christine Lagarde, Boris Vujčić: Monetary policy statement, 23 July 2026
https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/2026/html/ecb.is260723~b6fadd48f4.en.html

Monetary policy decisions, 23 July 2026 https://www.ecb.europa.eu/press/pr/date/2026/html/ecb.mp260723~29f24d99bc.en.html

Combined monetary policy decisions and statement, 23 July 2026
https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/shared/pdf/ecb.ds260723~ef801dc812.en.pdf

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