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Data · Euro area · Monetary policy

ECB deposit rate: 2.50%

The European Central Bank’s deposit facility rate – the rate banks earn on deposits with the ECB, and today its main policy rate – has been 2.50% since September 16, 2026 (previously 2.25%). Source: ECB statistics.

Deposit facility rate

2.50%

since September 16, 2026

Previously

2.25%

from June 17, 2026

Next meeting

October 29, 2026

with press conference

Deposit facility rate since 2019 (each change)

January 1, 2019October 15, 2026

Explained: The euro, explained in 60 seconds

Frequently asked questions

What is the ECB’s interest rate?

The deposit facility rate is 2.50% (since September 16, 2026).

When is the next ECB meeting?

The ECB Governing Council takes its next monetary policy decision on October 29, 2026, followed by a press conference.

Why is the deposit rate the key rate?

Because banks today hold far more money at the ECB than they need, the rate they earn on it steers money market rates.

Source

ECB statistics (ECB Data Portal, FM.D.U2.EUR.4F.KR.DFR.LEV) and the ECB meeting calendar. ECB statistics are available free of charge on the ECB website (data.ecb.europa.eu). Source: ECB statistics. data.ecb.europa.eu

More figures and explainers

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DESK is a research tool and not investment advice. Page generated: 2026-10-16.