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.
13.8%
Oct 2026
−1.3 ptsvs Oct 2025
min 2.0 Aug 2020max 26.5 Feb 2003
%
Frequency
Range
Source: Bank for International Settlements — Central bank policy rates· Data Oct 2026Source type : Official
