ECB Rate Decision

Current policy rate (ECB deposit facility rate)

2.50%

  • Since September 16 · +0.25 pp from prior
  • Main refinancing rate (MRO) 2.65%

Source: FRED

Next release date

October 29, 2026 (Thu)

9:15 AMET

Upcoming releases

  • December 17, 2026 (Thu)8:15 AM
  • February 4, 2027 (Thu)8:15 AM
  • March 18, 2027 (Thu)9:15 AM
  • April 29, 2027 (Thu)8:15 AM
  • June 10, 2027 (Thu)8:15 AM
  • July 22, 2027 (Thu)8:15 AM

Add to my calendarGoogle CalendariPhone · Outlook (.ics)

Release dates and times are set by the issuing agency and can change. · Schedule source: ECB — Governing Council meeting calendar (ecb.europa.eu)

Watch the market reactionEUR/USD →live quotes

Read alongside: Eurozone CPI (HICP) →

Recent history

Deposit facility rate
Nov 2023Apr 2025Oct 2026
PeriodActual
Oct 20262.50%
Sep 20262.50%
Aug 20262.25%
Jul 20262.25%
Jun 20262.25%
May 20262.00%

Month-end values of the ECB deposit facility rate (FRED daily series). Source: FRED · ECBDFR · Oct 2026

Key facts

The ECB (European Central Bank) rate decision sets monetary policy for the euro zone, followed by a press conference from the President. It is a key driver of the value of the euro.

Released by
European Central Bank (ECB)
Frequency
About every 6 weeks
Category
Rates & policy
Assets affected
EUR · EURUSD · European indices

Why the market watches it

Euro-zone rates move the euro pairs, including EURUSD, and European indices directly. The policy gap with the U.S. Fed often dictates the direction of the exchange rate.

How traders read it

EURUSD often reacts more to the forward guidance (hawkish/dovish) from the press conference than to the rate decision itself.

Want to see the impact for yourself?

The Merini demo opens without an account: watch real-time charts of gold, oil, FX and more around the release (Nasdaq and S&P futures are delayed 10 minutes until you sign up). Sign up free ($10,000 in virtual funds) only when you want to practise trading. In your browser, no install — a paper simulation.

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Frequently asked questions

When is the next ECB Rate Decision release?

The next ECB Rate Decision release is scheduled for October 29, 2026 (Thu) at 9:15 AM US Eastern Time. Following dates: December 17, February 4, March 18.

How often does the ECB decide on rates?

A monetary policy meeting is held about every six weeks, with a President's press conference right after the rate announcement.

This content is for information and education only and is not investment advice or solicitation. Trading conditions (hours, margin, fees, tick value, etc.) vary by exchange, broker, time, and daylight saving — always verify with your own broker before trading. Derivatives trading can result in losses exceeding your deposit.