Calendar GMT Actual Previous Consensus TEForecast
2022-09-08 12:15 PM ECB Interest Rate Decision 1.25% 0.5% 1.25% 1.25%
2022-10-27 12:15 PM ECB Interest Rate Decision 2% 1.25% 2% 2%
2022-12-15 01:15 PM ECB Interest Rate Decision 2.5% 2% 2.5% 2.5%
2023-01-20 10:00 AM ECB President Lagarde Speech
2023-01-20 03:30 PM ECB Elderson Speech
2023-01-25 08:00 AM ECB Non-Monetary Policy Meeting
Related Last Previous Unit Reference
Interest Rate 2.50 2.00 percent Dec 2022
Money Supply M1 11450387.00 11565479.00 EUR Million Nov 2022
Money Supply M2 15331588.00 15376923.00 EUR Million Nov 2022
Money Supply M3 16147146.00 16140343.00 EUR Million Nov 2022
Central Bank Balance Sheet 7968035.00 7955797.00 EUR Million Jan 2023
Foreign Exchange Reserves 82.81 83.71 USD Billion Nov 2022
Loans to Private Sector 5145791.00 5153487.00 EUR Million Nov 2022
Lending Rate 2.75 2.75 percent Jan 2023
Deposit Interest Rate 2.00 1.50 percent Dec 2022
Loan Growth 4.10 4.20 percent Nov 2022
Euro Area Interest Rate
In the Euro Area, benchmark interest rate is set by the Governing Council of the European Central Bank. The primary objective of the ECB’s monetary policy is to maintain price stability which is to keep inflation below, but close to 2 percent over the medium term. In times of prolonged low inflation and low interest rates, ECB may also adopt non-standard monetary policy measures, such as asset purchase programmes. The official interest rate is the Main refinancing operations rate.
Actual Previous Highest Lowest Dates Unit Frequency
2.50 2.00 4.75 0.00 1998 – 2022 percent Daily
News Stream
ECB Wasn’t Unanimous on Rate Hike Size: Minutes

Some European Central Bank policymakers initially argued for a 75-basis-point interest rate increase, as inflation was clearly expected to be too high for too long and the worsened outlook required a rate hike larger than that priced in by markets, the accounts of the central bank’s December policy … more

2023-01-19

ECB Hikes Rates by 50bps, Signals Further Increases

The ECB raised interest rates by 50 bps during its last monetary policy meeting of 2022, marking a fourth rate increase, following two consecutive 75bps hikes. That takes the deposit facility to 2%, the refinancing rate to 2.5% and the marginal lending to 2.75%, a level not seen in fourteen years. P… more

2022-12-15

ECB to Raise Rates by 50bps

The ECB is expected to raise interest rates by 50 bps during its last monetary policy meeting of 2022, which would mark a fourth rate increase, following two consecutive 75bps hikes. That would take the deposit facility to 2%, the refinancing rate to 2.5% and the marginal lending to 2.75%, a level n… more

2022-12-15