Central Bank RatesEuro area: central bank policy rate
Last updated:
Last 2 years (daily values)
Policy rate since 2000 (month-end values)
All changes since 2000
| Date | From | To | Change |
|---|---|---|---|
| Sep 16, 2026 | 2.25% | 2.50% | hike +25 bp |
| Jun 17, 2026 | 2.00% | 2.25% | hike +25 bp |
| Jun 11, 2025 | 2.25% | 2.00% | cut -25 bp |
| Apr 23, 2025 | 2.50% | 2.25% | cut -25 bp |
| Mar 12, 2025 | 2.75% | 2.50% | cut -25 bp |
| Feb 5, 2025 | 3.00% | 2.75% | cut -25 bp |
| Dec 18, 2024 | 3.25% | 3.00% | cut -25 bp |
| Oct 23, 2024 | 3.50% | 3.25% | cut -25 bp |
| Sep 18, 2024 | 4.25% | 3.50% | cut -75 bp |
| Jun 12, 2024 | 4.50% | 4.25% | cut -25 bp |
| Sep 20, 2023 | 4.25% | 4.50% | hike +25 bp |
| Aug 2, 2023 | 4.00% | 4.25% | hike +25 bp |
| Jun 21, 2023 | 3.75% | 4.00% | hike +25 bp |
| May 10, 2023 | 3.50% | 3.75% | hike +25 bp |
| Mar 22, 2023 | 3.00% | 3.50% | hike +50 bp |
| Feb 8, 2023 | 2.50% | 3.00% | hike +50 bp |
| Dec 21, 2022 | 2.00% | 2.50% | hike +50 bp |
| Nov 2, 2022 | 1.25% | 2.00% | hike +75 bp |
| Sep 14, 2022 | 0.50% | 1.25% | hike +75 bp |
| Jul 27, 2022 | 0.00% | 0.50% | hike +50 bp |
| Mar 16, 2016 | 0.05% | 0.00% | cut -5 bp |
| Sep 10, 2014 | 0.15% | 0.05% | cut -10 bp |
| Jun 11, 2014 | 0.25% | 0.15% | cut -10 bp |
| Nov 13, 2013 | 0.50% | 0.25% | cut -25 bp |
| May 8, 2013 | 0.75% | 0.50% | cut -25 bp |
| Jul 11, 2012 | 1.00% | 0.75% | cut -25 bp |
| Dec 14, 2011 | 1.25% | 1.00% | cut -25 bp |
| Nov 9, 2011 | 1.50% | 1.25% | cut -25 bp |
| Jul 13, 2011 | 1.25% | 1.50% | hike +25 bp |
| Apr 13, 2011 | 1.00% | 1.25% | hike +25 bp |
| May 13, 2009 | 1.25% | 1.00% | cut -25 bp |
| Apr 8, 2009 | 1.50% | 1.25% | cut -25 bp |
| Mar 11, 2009 | 2.00% | 1.50% | cut -50 bp |
| Jan 21, 2009 | 2.50% | 2.00% | cut -50 bp |
| Dec 10, 2008 | 3.25% | 2.50% | cut -75 bp |
| Nov 12, 2008 | 3.75% | 3.25% | cut -50 bp |
| Oct 15, 2008 | 4.25% | 3.75% | cut -50 bp |
| Jul 9, 2008 | 4.00% | 4.25% | hike +25 bp |
| Jun 13, 2007 | 3.75% | 4.00% | hike +25 bp |
| Mar 14, 2007 | 3.50% | 3.75% | hike +25 bp |
| Dec 13, 2006 | 3.25% | 3.50% | hike +25 bp |
| Oct 11, 2006 | 3.00% | 3.25% | hike +25 bp |
| Aug 9, 2006 | 2.75% | 3.00% | hike +25 bp |
| Jun 15, 2006 | 2.50% | 2.75% | hike +25 bp |
| Mar 8, 2006 | 2.25% | 2.50% | hike +25 bp |
| Dec 6, 2005 | 2.00% | 2.25% | hike +25 bp |
| Jun 6, 2003 | 2.50% | 2.00% | cut -50 bp |
| Mar 7, 2003 | 2.75% | 2.50% | cut -25 bp |
| Dec 6, 2002 | 3.25% | 2.75% | cut -50 bp |
| Nov 9, 2001 | 3.75% | 3.25% | cut -50 bp |
| Sep 18, 2001 | 4.25% | 3.75% | cut -50 bp |
| Aug 31, 2001 | 4.50% | 4.25% | cut -25 bp |
| May 11, 2001 | 4.75% | 4.50% | cut -25 bp |
| Oct 6, 2000 | 4.50% | 4.75% | hike +25 bp |
| Sep 1, 2000 | 4.25% | 4.50% | hike +25 bp |
| Jun 9, 2000 | 3.75% | 4.25% | hike +50 bp |
| Apr 28, 2000 | 3.50% | 3.75% | hike +25 bp |
| Mar 17, 2000 | 3.25% | 3.50% | hike +25 bp |
| Feb 4, 2000 | 3.00% | 3.25% | hike +25 bp |
Which rate is shown (BIS notes, in English)
From 18 Sep 2024 onwards: official central bank steering rate is the deposit facility rate, fixed rate; from 15 Oct 2008 to 17 Sep 2024: official central bank liquidity providing, main refinancing operations, fixed rate; from 28 Jun 2000 to 14 Oct 2008: official central bank liquidity providing, main refinancing operations, minimum bid rate; from 5 Jan 1999 to 27 Jun 2000: official central bank liquidity providing, main refinancing operations, fixed rate.
Changes by year
Method
We download the BIS daily policy-rate series (WS_CBPOL). A change is recorded on the first day the published value differs from the previous day's value. Series that ended (for example euro area members before joining the euro) are not listed. bp = basis points (0.01 percentage point).
About this page
The policy rate of Euro area is 2.50% (BIS data as of Oct 6, 2026).