European Central Bank · Deposit facility rate
Euro area · EUR · Policy rate
The European Central Bank’s Deposit facility rate is 2.50 %, last changed on 16 Sep 2026 when it was raised by 25 bp from 2.25 %. The next scheduled decision is on .
2.50 %
- Last change
- raised +25 bp·announced 10 Sep 2026
- Previous rate
- 2.25 %
- Next decision
- Latest observation
- Source
- BIS + ECB
2.50 % ·
2 Nov 2021-0.50 – 4.00 %2 Nov 2026
Recent decisions
| Date | Rate | Change |
|---|---|---|
| announced 10 Sep 2026 | 2.50 % | +25 bp |
| 2.25 % | hold | |
| announced 11 Jun 2026 | 2.25 % | +25 bp |
| 2.00 % | hold | |
| 2.00 % | hold | |
| 2.00 % | hold | |
| 2.00 % | hold | |
| 2.00 % | hold | |
| 2.00 % | hold |
Changes are dated by when they took effect; holds by the announcement day.
At a glance
- Economy
- Euro area
- Currency
- EUR
- Type
- Policy rate
- Set by
- European Central Bank
- History since
- 1999
- Changes in the last 12 months
- 2
Questions and answers
- What is the current European Central Bank interest rate?
- The European Central Bank’s Deposit facility rate is 2.50 %, last changed on 16 Sep 2026 when it was raised by 25 bp from 2.25 %.
- When did the European Central Bank last change its rate?
- On 16 Sep 2026, when the Deposit facility rate was raised by 25 bp to 2.50 % from 2.25 %.
- What did the European Central Bank decide at its last meeting?
- On 16 Sep 2026 it raised the Deposit facility rate by 25 bp to 2.50 %.
- When is the next European Central Bank rate decision?
- The next scheduled announcement is on 17 Dec 2026.
Decisions by year since 2019
2026net +50 bp
| Date | Rate | Change |
|---|---|---|
| announced 10 Sep 2026 | 2.50 % | +25 bp |
| 2.25 % | hold | |
| announced 11 Jun 2026 | 2.25 % | +25 bp |
| 2.00 % | hold | |
| 2.00 % | hold | |
| 2.00 % | hold |
2025net −100 bp
| Date | Rate | Change |
|---|---|---|
| 2.00 % | hold | |
| 2.00 % | hold | |
| 2.00 % | hold | |
| 2.00 % | hold | |
| announced 5 Jun 2025 | 2.00 % | −25 bp |
| announced 17 Apr 2025 | 2.25 % | −25 bp |
| announced 6 Mar 2025 | 2.50 % | −25 bp |
| announced 30 Jan 2025 | 2.75 % | −25 bp |
2024net −100 bp
| Date | Rate | Change |
|---|---|---|
| 3.00 % | −25 bp | |
| 3.25 % | −25 bp | |
| 3.50 % | −25 bp | |
| 3.75 % | −25 bp |
2023net +200 bp
| Date | Rate | Change |
|---|---|---|
| 4.00 % | +25 bp | |
| 3.75 % | +25 bp | |
| 3.50 % | +25 bp | |
| 3.25 % | +25 bp | |
| 3.00 % | +50 bp | |
| 2.50 % | +50 bp |
2022net +250 bp
| Date | Rate | Change |
|---|---|---|
| 2.00 % | +50 bp | |
| 1.50 % | +75 bp | |
| 0.75 % | +75 bp | |
| 0.00 % | +50 bp |
2019net −10 bp
| Date | Rate | Change |
|---|---|---|
| -0.50 % | −10 bp |
Other rates in Europe
- United Kingdom · Bank of England3.75 %
- Switzerland · Swiss National Bank0.00 %
- Sweden · Sveriges Riksbank1.75 %
- Norway · Norges Bank4.50 %
- Czechia · Czech National Bank3.75 %
- Denmark · Danmarks Nationalbank2.10 %
- Hungary · Magyar Nemzeti Bank5.50 %
- Iceland · Central Bank of Iceland8.00 %
- North Macedonia · National Bank of the Republic of North Macedonia4.25 %
- Poland · Narodowy Bank Polski3.75 %
- Romania · National Bank of Romania6.50 %
- Russia · Bank of Russia14.00 %
- Serbia · National Bank of Serbia5.75 %
- Türkiye · Central Bank of the Republic of Türkiye36.00 %
Source: BIS central bank policy rates, European Central Bank. Latest observation 27 Oct 2026. Refreshed every 30 minutes.