# President Lagarde presents the latest monetary policy decisions – 18 December 2025

An episode of [Euro Matters – the European Central Bank Podcast](https://invisiblenetwork.ai/podcast/1481819425), 18 Dec 2025, 15 min.

Audio: https://dts.podtrac.com/redirect.mp3/feeds.soundcloud.com/stream/2231876708-europeancentralbank-president-lagarde-presents-the-latest-monetary-policy-decisions-18-december-2025.mp3

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 18 December 2025. Our monetary policy statement at a glance, 18 December 2025 https://www.ecb.europa.eu/press/press_conference/visual-mps/2025/html/mopo_statement_explained_december.en.html Christine Lagarde, Luis de Guindos: Monetary policy statement, 18 December 2025 https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/2025/html/ecb.is251218~3a10402adb.en.html Monetary policy decisions, 18 December 2025 https://www.ecb.europa.eu/press/pr/date/2025/html/ecb.mp251218~58b0e415a6.en.html Combined monetary policy decisions and statement, 18 December 2025 https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/shared/pdf/ecb.ds251218~f264376788.en.pdf Macroeconomic projections, 18 December 2025 https://www.ecb.europa.eu/press/projections/html/index.en.html European Central Bank https://www.ecb.europa.eu/home/html/index.en.html

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