Monetary policy decisions are regularly explained at the press conference which takes place immediately after the first Governing Council meeting of the month. Further details are presented in the ECB’s Monthly Bulletin, in the speeches given by members of the Governing Council and in the President’s testimonies before the European Parliament.
With its monthly press conference, the ECB was the first central bank to provide such extensive and open real-time diagnosis - and other central banks are now moving in the same direction. 3.