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 30 October 2025.

Our monetary policy statement at a glance, 30 October 2025 
https://www.ecb.europa.eu/press/press_conference/visual-mps/2025/html/mopo_statement_explained_october.en.html
 
Christine Lagarde, Luis de Guindos: Monetary policy statement, 30 October 2025 
https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/2025/html/ecb.is251030~4f74dde15e.en.html
 
Monetary policy decisions, 30 October 2025 
https://www.ecb.europa.eu/press/pr/date/2025/html/ecb.mp251030~cf0540b5c0.en.html
 
Combined monetary policy decisions and statement, 30 October 2025 
https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/shared/pdf/ecb.ds251030~25d99d5b1c.en.pdf
 
European Central Bank  
https://www.ecb.europa.eu/home/html/index.en.html

President Lagarde presents the latest monetary policy decisions – 30 October 2025

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The views expressed are those of the speakers and not necessarily those of the European Central Bank.

President Lagarde presents the latest monetary policy decisions – 30 October 2025

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