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%
Sep 2026
+0.5 ptsvs Sep 2025
min 0.5 May 2020max 5.3 Aug 2008
%
Frequency
Range
Source: Bank for International Settlements — Central bank policy rates· Data Sep 2026Source type : Official