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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·
Previous rate
2.25 %
Next decision
Latest observation
Source
BIS + ECB

2.50 % ·

18 Sep 20210.00 – 4.50 %18 Sep 2026

Recent decisions

DateRateChange
2.50 %+25 bp
2.25 %hold
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.

ECB website ↗

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 29 Oct 2026.

All changes since 2022

DateRateChange
2.50 %+25 bp
2.25 %+25 bp
2.00 %−25 bp
2.25 %−25 bp
2.50 %−25 bp
2.75 %−25 bp
3.00 %−25 bp
3.25 %−25 bp
3.50 %−75 bp
4.25 %−25 bp
4.50 %+25 bp
4.25 %+25 bp
4.00 %+25 bp
3.75 %+25 bp
3.50 %+50 bp
3.00 %+50 bp
2.50 %+50 bp
2.00 %+75 bp
1.25 %+75 bp
0.50 %+50 bp

Other rates in Europe

Source: BIS central bank policy rates, European Central Bank. Latest observation 16 Sep 2026. Refreshed every 30 minutes.