ECB Interest Rate Decision
Date Actual Forecast Prev
11-04-24 12:15 4.50% 4.50% 4.50%
07-03-24 13:15 4.50% 4.50% 4.50%
25-01-24 13:15 4.50% 4.50% 4.50%
14-12-23 13:15 4.50% 4.50% 4.50%
26-10-23 12:15 4.5% 4.5% 4.5%
14-09-23 12:15 4.5% 4.25% 4.25%
27-07-23 12:15 4.25% 4.25% 4%
15-06-23 12:15 4% 4% 3.75%
04-05-23 12:15 3.75% 3.75% 3.5%
16-03-23 13:15 3.5% 3.5% 3%
02-02-23 13:15 3% 3% 2.5%
15-12-22 13:15 2.5% 2.5% 2%
27-10-22 12:15 2% 2% 1.25%
08-09-22 12:15 1.25% 1.25% 0.5%
21-07-22 12:15 0.5% 0.25% 0%
09-06-22 11:45 0% 0% 0%
14-04-22 11:45 0.0% 0% 0.0%
10-03-22 12:45 0.0% 0% 0.0%
03-02-22 12:45 0.0% 0% 0.0%
16-12-21 12:45 0.0% 0% 0.0%
28-10-21 11:45 0.0% 0% 0.0%
09-09-21 11:45 0.0% 0% 0.0%
22-07-21 11:45 0% 0% 0%
10-06-21 11:45 0.0% 0% 0.0%
22-04-21 11:45 0% 0% 0%
11-03-21 12:45 0% 0% 0%
21-01-21 12:45 0% 0% 0%
10-12-20 12:45 0% 0% 0%
29-10-20 12:45 0% 0% 0%
10-09-20 11:45 0% 0% 0%
16-07-20 11:45 0% 0% 0%
04-06-20 11:45 0% 0% 0%
30-04-20 11:45 0% 0% 0%
12-03-20 12:45 0% 0% 0%
23-01-20 12:45 0% 0% 0%
12-12-19 12:45 0% 0% 0%
24-10-19 11:45 0% 0% 0%
12-09-19 11:45 0% 0% 0%
25-07-19 11:45 0% 0% 0%
06-06-19 11:45 0% 0% 0%
10-04-19 11:45 0% 0% 0%
07-03-19 12:45 0% 0% 0%
24-01-19 12:45 0% 0% 0%
13-12-18 12:45 0% 0% 0%
25-10-18 11:45 0% 0% 0%
13-09-18 11:45 0% 0% 0%
26-07-18 11:45 0% 0% 0% (0.0%)
14-06-18 11:45 0.0% 0.0% 0.0%
26-04-18 11:45 0% 0% 0% (0.0%)
08-03-18 12:45 0% 0% 0% (0.0%)
25-01-18 12:45 0% 0% 0% (0.0%)
14-12-17 12:45 0% 0% 0%
26-10-17 11:45 0.00% 0% 0%
07-09-17 11:45 0% 0% 0%
20-07-17 11:45 0% 0% 0%
08-06-17 11:45 0% 0% 0%
27-04-17 11:45 0% 0% 0%
09-03-17 12:45 0% 0% 0%
19-01-17 12:45 0.0% 0% 0.0%
08-12-16 12:45 0.0% 0% 0.0%
20-10-16 11:45 0.0% 0.0% 0.0%
08-09-16 11:45 0.0% 0.0% 0.0%
21-07-16 11:45 0% 0% 0%
02-06-16 11:45 0.0% 0.0% 0.0%
21-04-16 11:45 0.0% 0.0% 0.0%
10-03-16 12:45 0.00% 0.05% 0.05%
21-01-16 12:45 0.05% 0.05% 0.05%
03-12-15 12:45 0.05% 0.05% 0.05%
22-10-15 11:45 0.05% 0.05%
03-09-15 11:45 0.05% 0.05% 0.05%
16-07-15 11:45 0.05% 0.05% 0.05%
03-06-15 11:45 0.05% 0.05%
15-04-15 11:45 0.05% 0.05% 0.05%
05-03-15 12:45 0.05% 0.05% 0.05%
22-01-15 12:45 0.05% 0.05% 0.05%
04-12-14 12:45 0.05% 0.05% 0.05%
06-11-14 12:45 0.05% 0.05% 0.05%
02-10-14 11:45 0.05% 0.05% 0.05%
04-09-14 11:45 0.05% 0.15% 0.15%
07-08-14 11:45 0.15% 0.15% 0.15%
03-07-14 11:45 0.15% 0.15% 0.15%
05-06-14 11:45 0.15% 0.10% 0.25%
08-05-14 11:45 0.25% 0.25% 0.25%
03-04-14 11:45 0.25% 0.25% 0.25%
06-03-14 12:45 0.25% 0.25% 0.25%
06-02-14 12:45 0.25% 0.25% 0.25%
09-01-14 12:45 0.25% 0.25% 0.25%
05-12-13 12:45 0.25% 0.25% 0.25%
07-11-13 12:45 0.25% 0.50% 0.50%
02-10-13 11:45 0.50% 0.50% 0.50%
05-09-13 11:45 0.50% 0.50% 0.50%
01-08-13 11:45 0.50% 0.50% 0.50%
04-07-13 11:45 0.50% 0.50% 0.50%
06-06-13 11:45 0.50% 0.50% 0.50%
02-05-13 11:45 0.50% 0.50% 0.75%
04-04-13 11:45 0.75% 0.75% 0.75%
07-03-13 12:45 0.75% 0.75% 0.75%
07-02-13 12:45 0.75% 0.75% 0.75%
10-01-13 12:45 0.75% 0.75% 0.75%
06-12-12 12:45 0.75% 0.75% 0.75%
08-11-12 12:45 0.75% 0.75% 0.75%
04-10-12 11:45 0.75% 0.75% 0.75%
06-09-12 11:45 0.75% 0.50% 0.75%
02-08-12 11:45 0.75% 0.75% 0.75%
05-07-12 11:45 0.75% 0.75% 1.00%
06-06-12 11:45 1.00% 1.00% 1.00%
03-05-12 11:45 1.00% 1.00% 1.00%
04-04-12 11:45 1.00% 1.00% 1.00%
08-03-12 12:45 1.00% 1.00% 1.00%
09-02-12 12:45 1.00% 1.00% 1.00%
12-01-12 12:45 1.00% 1.00% 1.00%
08-12-11 12:45 1.00% 1.00% 1.25%
03-11-11 12:45 1.25% 1.50% 1.50%
06-10-11 11:45 1.50% 1.50% 1.50%
08-09-11 11:45 1.50% 1.50% 1.50%
04-08-11 11:45 1.50% 1.50% 1.50%
07-07-11 11:45 1.50% 1.50% 1.25%
09-06-11 11:45 1.25% 1.25% 1.25%
05-05-11 11:45 1.25% 1.25% 1.25%
07-04-11 11:45 1.25% 1.25% 1.00%
03-03-11 12:45 1.00% 1.00% 1.00%
03-02-11 12:45 1.00% 1.00% 1.00%
13-01-11 12:45 1.00% 1.00% 1.00%
02-12-10 12:45 1.00% 1.00% 1.00%
04-11-10 12:45 1.00% 1.00% 1.00%
07-10-10 11:45 1.00% 1.00% 1.00%
02-09-10 11:00 1.00% 1.00% 1.00%
05-08-10 11:00 1.00% 1.00% 1.00%
08-07-10 11:00 1.00% 1.00% 1.00%
10-06-10 11:00 1.00% 1.00% 1.00%
06-05-10 11:00 1.00% 1.00% 1.00%
08-04-10 11:00 1.00% 1.00% 1.00%
04-03-10 11:00 1.00% 1.00% 1.00%
04-02-10 11:00 1.00% 1.00% 1.00%
14-01-10 11:00 1.00% 1.00% 1.00%
03-12-09 11:00 1.00% 1.00% 1.00%
05-11-09 11:00 1.00% 1.00% 1.00%
08-10-09 11:00 1.00% 1.00% 1.00%
03-09-09 11:00 1.00% 1.00% 1.00%
06-08-09 11:00 1.00% 1.00% 1.00%
02-07-09 11:00 1.00% 1.00% 1.00%
04-06-09 11:00 1.00% 1.00% 1.00%
07-05-09 11:00 1.00% 1.00% 1.25%
02-04-09 11:00 1.25% 1.00% 1.50%
05-03-09 11:00 1.50% 1.50% 2.00%
05-02-09 11:00 2.00% 2.00% 2.00%
15-01-09 11:00 2.00% 2.00% 2.50%
04-12-08 11:00 2.50% 2.75% 3.25%
06-11-08 11:00 3.25% 3.25% 3.75%
08-10-08 11:00 3.75% 4.25%
02-10-08 11:00 4.25% 4.25% 4.25%
04-09-08 11:00 4.25% 4.25% 4.25%
07-08-08 11:00 4.25% 4.25% 4.25%
03-07-08 11:00 4.25% 4.25% 4.00%
05-06-08 11:00 4.00% 4.00% 4.00%
08-05-08 11:00 4.00% 4.00% 4.00%
10-04-08 11:00 4.00% 4.00% 4.00%
06-03-08 11:00 4.00% 4.00% 4.00%
07-02-08 11:00 4.00% 4.00% 4.00%
10-01-08 11:00 4.00% 4.00% 4.00%
06-12-07 11:00 4.00% 4.00% 4.00%
08-11-07 11:00 4.00% 4.00% 4.00%
04-10-07 11:00 4.00% 4.00% 4.00%
06-09-07 11:00 4.00% 4.00% 4.00%
02-08-07 11:00 4.00% 4.00% 4.00%
05-07-07 11:00 4.00% 4.00% 4.00%
06-06-07 11:00 4.00% 4.00% 3.75%
10-05-07 11:00 3.75% 3.75% 3.75%
12-04-07 11:00 3.75% 3.75% 3.75%
08-03-07 11:00 3.75% 3.75% 3.50%
08-02-07 11:00 3.50% 3.50% 3.50%
11-01-07 11:00 3.50% 3.50% 3.50%
Importance
Country Eurozone
Source European Central Bank

Description

The basic ECB discount rate is the refinance rate, which is the irreducible interest rate for calls regarding the ECB tender. This rate is used for refinancing operations that are conducted as loan secured tenders and provide the principal part of the money needed for normal financial system operation. High rates decrease the consumer crediting growth while stimulating the growth of savings, thus slowing down economic development. The growth of rates, generally leads to the increased flow of capital into a country as well as national currency rise as a medium-term trend. However I the rates growths is not based on the high rates of economic development, it may lead to the stagnation of economy and negative influence over currency markets as a long-term trend.

Effect of market

The decision of the discount rate change causes one of the strongest market responses. The discount rate rise should support the Euro.