Press Release: President’s summing up of the position of the Governing Council

The European Central Bank (ECB) confirms its position of 'wait and see' with regard to its monetary policy stance. In an environment of increased uncertainty about the global economy and its impact on the euro area, the Governing Council is carefully assessing whether and to what extent upward risks to price stability will continue to decline.

• Primary Source

http://www.ecb.int/press/pr/activities/ecb/html/index.en.html http://www.ecb.int/press/pr/activities/ecb/html/index.en.html

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