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.
3.8%
Oct 2026
−0.3 ptsvs Oct 2025
min 0.1 Mar 2020max 5.8 Jul 2007
%
Frequency
Range
Source: Bank for International Settlements — Central bank policy rates· Data Oct 2026Source type : Official
