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.
6.5%
Oct 2026
−1.0 ptsvs Oct 2025
min 3.0 Jun 2014max 11.3 Mar 2023
%
Frequency
Range
Source: Bank for International Settlements — Central bank policy rates· Data Oct 2026Source type : Official
