ECB deposit rate
2.50 %
+0.25 pts month
The interest the European Central Bank pays commercial banks on money parked with it overnight, and the rate that steers borrowing costs across the euro zone. Mortgages, business loans and government bond yields move after it.
Sep 2026 · 2.50 % · −0.75 pts vs the window’s open
the numbers24
| when | value | change |
|---|---|---|
| Oct 2024high | 3.25 % | |
| Nov 2024 | 3.25 % | 0 pts |
| Dec 2024 | 3.00 % | −0.25 pts |
| Jan 2025 | 3.00 % | 0 pts |
| Feb 2025 | 2.75 % | −0.25 pts |
| Mar 2025 | 2.50 % | −0.25 pts |
| Apr 2025 | 2.25 % | −0.25 pts |
| May 2025 | 2.25 % | 0 pts |
| Jun 2025low | 2.00 % | −0.25 pts |
| Jul 2025 | 2.00 % | 0 pts |
| Aug 2025 | 2.00 % | 0 pts |
| Sep 2025 | 2.00 % | 0 pts |
| Oct 2025 | 2.00 % | 0 pts |
| Nov 2025 | 2.00 % | 0 pts |
| Dec 2025 | 2.00 % | 0 pts |
| Jan 2026 | 2.00 % | 0 pts |
| Feb 2026 | 2.00 % | 0 pts |
| Mar 2026 | 2.00 % | 0 pts |
| Apr 2026 | 2.00 % | 0 pts |
| May 2026 | 2.00 % | 0 pts |
| Jun 2026 | 2.25 % | +0.25 pts |
| Jul 2026 | 2.25 % | 0 pts |
| Aug 2026 | 2.25 % | 0 pts |
| Sep 2026latest | 2.50 % | +0.25 pts |
Lately
The European Central Bank raised rates in September, and its officials have since called the step proportionate. Euro-zone inflation then jumped to 3.8% from 3.2%, nearly double the bank's target, while business activity reached a 3½-year high, so the pressure to hike again has grown.