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 conditionsPublished and recorded during our press conference on 27 July 2023.European Central Bank https://www.ecb.europa.eu/home/html/index.en.htmlYou can also listen to The ECB Podcast on SoundCloud, Spotify, Deezer, Stitcher, YouTube, Amazon Music and many more pod.link/ecbpodcastAdditional material:Our monetary policy statement at a glance, 27 July 2023 [link to visual monetary policy statement]Christine Lagarde, Luis de Guindos: Monetary policy statement, 27 July 2023 https://www.ecb.europa.eu/press/pressconf/2023/html/ecb.is230727~e0a11feb2e.en.htmlMonetary policy decisions, 27 July 2023 https://www.ecb.europa.eu/press/pr/date/2023/html/ecb.mp230727~da80cfcf24.en.htmlCombined monetary policy decisions and statement, 27 July 2023 https://www.ecb.europa.eu/press/pressconf/shared/pdf/ecb.ds230727~9e147b657d.en.pdf