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.· Mid-point of the Fed’s target range
3.9%
Oct 2026
±0.0 ptsvs Oct 2025
min 0.1 Dec 2008max 5.4 Jul 2023
%
Frequency
Range
Source: Bank for International Settlements — Central bank policy rates· Data Oct 2026Source type : Official
Rate set by the central bank, end of month · Mid-point of the Fed’s target range