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MONTHLY · FRED · ECB

ECB deposit rate

2.25 % +0.00% day

The rate the European Central Bank pays banks on money parked with it overnight, and the floor under borrowing costs across the euro area. It sets what savers earn, what mortgages cost and how the euro trades against other currencies.

Aug 2026 · 2.25 % · −40.0% vs the window’s open

FRED · ECB · monthly
the numbers25
whenvaluechange
Aug 2024high3.75 %
Sep 20243.50 %−6.7%
Oct 20243.25 %−7.1%
Nov 20243.25 %0.0%
Dec 20243.00 %−7.7%
Jan 20253.00 %0.0%
Feb 20252.75 %−8.3%
Mar 20252.50 %−9.1%
Apr 20252.25 %−10.0%
May 20252.25 %0.0%
Jun 2025low2.00 %−11.1%
Jul 20252.00 %0.0%
Aug 20252.00 %0.0%
Sep 20252.00 %0.0%
Oct 20252.00 %0.0%
Nov 20252.00 %0.0%
Dec 20252.00 %0.0%
Jan 20262.00 %0.0%
Feb 20262.00 %0.0%
Mar 20262.00 %0.0%
Apr 20262.00 %0.0%
May 20262.00 %0.0%
Jun 20262.25 %+12.5%
Jul 20262.25 %0.0%
Aug 2026latest2.25 %0.0%

Lately

The rate has been cut by roughly 40% over the series, down from 3.75% in Aug 2024 to a low of 2% in Jun 2025 and 2.25% now — the ECB easing while others tighten. The Bank of Korea hiked to 3.00% in August, and Fed minutes showed many officials said rate hikes may be needed.

  1. Bank of Korea Hikes Again