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.
14%
Oct 2026
−2.5 ptsvs Oct 2025
min 4.3 Jul 2020max 21.0 Jan 2003
%
Frequency
Range
Source: Bank for International Settlements — Central bank policy rates· Data Oct 2026Source type : Official
