The interest rate the central bank sets to steer credit and inflation (euro area: ECB main refinancing rate). A higher rate makes borrowing dearer for households, businesses and the State.
4.6%
Sep 2026
+1.0 ptsvs Sep 2025
min 0.1 Nov 2020max 7.3 Apr 2008
%
Frequency
Range
Source: Bank for International Settlements — Central bank policy rates· Data Sep 2026Source type : Official