ECB interest rate decision
ECB deposit facility rate
2.25%
last changed June 17, 2026 · Source: ECB
Main refi
2.40%
Marginal lending
2.65%
€STR
2.18%
Next decision
July 23, 2026
in 19 days · Governing Council monetary-policy meeting
Live crowd odds
via Polymarket ↗Market-priced cut / hold / hike odds
Crowd-priced probabilities for the July 2026 ECB decision — opens on Polymarket in a new tab.
Linked, not republished — euroflation does not host these figures.
The ECB's main policy rate — the deposit facility rate — is 2.25%, last changed on June 17, 2026 when the Governing Council raised it by 25 basis points. The next decision is on July 23, 2026. It is the same rate for all 21 euro-area members — which is why inflation can run from 5%+ in the Baltics to near target in Germany under one policy.
ECB deposit facility rate — history
Source: ECB Data Portal (policy rates, €STR) · meeting dates: ECB calendar · live odds via Polymarket (linked, not republished)
Frequently asked questions
- What is the current ECB interest rate?
- The ECB deposit facility rate — its main policy rate — is 2.25%, last changed on June 17, 2026.
- When is the next ECB interest rate decision?
- The next ECB Governing Council monetary-policy decision is on July 23, 2026, in 19 days.
- What are the ECB's three key interest rates?
- Deposit facility rate 2.25%, main refinancing rate 2.40%, and marginal lending facility rate 2.65%.