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.
1.3%
Oct 2026
+0.8 ptsvs Oct 2025
min −0.1 Sep 2016max +1.3 Sep 2026
%
Frequency
Range
Source: Bank for International Settlements — Central bank policy rates· Data Oct 2026Source type : Official
