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.
5.8%
Sep 2026
+1.0 ptsvs Sep 2025
min 3.5 Feb 2021max 12.8 Dec 2005
%
Frequency
Range
Source: Bank for International Settlements — Central bank policy rates· Data Sep 2026Source type : Official