President Christine Lagarde presents the latest monetary policy decisions – 16 December 2021

Today our Governing Council decided on monetary policy, determining what should be done 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 December 2021.

Additional material:

Our monetary policy statement at a glance, 16 December 2021

Christine Lagarde, Luis de Guindos: Monetary policy statement (with Q&A), 16 December 2021

Monetary policy decisions, 16 December 2021

Combined monetary policy decisions and statement, 16 December 2021

Macroeconomic projections, December 2021

European Central Bank