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.
3%
Oct 2026
±0.0 ptsvs Oct 2025
min 3.0 May 2025max 7.5 Dec 2007
%
Frequency
Range
Source: Bank for International Settlements — Central bank policy rates· Data Oct 2026Source type : Official
Rate set by the central bank, end of month · Y-axis truncated