President Lagarde presents the latest monetary policy decisions – 5 February 2026

Source: European Central Bank (video statements)

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 5 February 2026.

Our monetary policy statement at a glance, 5 February 2026
www.ecb.europa.eu/press/press_conf…february.en.html

Christine Lagarde, Luis de Guindos: Monetary policy statement, 5 February 2026
www.ecb.europa.eu/press/press_conf…858cb986.en.html

Monetary policy decisions, 5 February 2026
www.ecb.europa.eu/press/pr/date/20…1d26959b.en.html

Combined monetary policy decisions and statement, 5 February 2026
www.ecb.europa.eu/press/press_conf…c74e825a7.en.pdf

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

https://www.youtube.com/watch?v=1zHRXAx4J7M