Updated

ECB rate changes since 2022

As of : Since the move to 0.00% on July 27, 2022, the ECB has changed its deposit facility rate 19 more times, 11 increases and 8 cuts, to the current 2.50%. The latest change took effect on September 16, 2026.

Published: · Data updated:

Primary source

Data transcribed from these sources on: .

Extended data

MeasureValue
First change in the seriesJuly 27, 2022
Changes after the first19
Increases11
Cuts8
Deposit facility rate now2.50%
Peak rate4.00%

Every change of the deposit facility rate

Effective dateRateChange
September 16, 20262.50%+0.25 pp
June 17, 20262.25%+0.25 pp
June 11, 20252.00%-0.25 pp
April 23, 20252.25%-0.25 pp
March 12, 20252.50%-0.25 pp
February 5, 20252.75%-0.25 pp
December 18, 20243.00%-0.25 pp
October 23, 20243.25%-0.25 pp
September 18, 20243.50%-0.25 pp
June 12, 20243.75%-0.25 pp
September 20, 20234.00%+0.25 pp
August 2, 20233.75%+0.25 pp
June 21, 20233.50%+0.25 pp
May 10, 20233.25%+0.25 pp
March 22, 20233.00%+0.50 pp
February 8, 20232.50%+0.50 pp
December 21, 20222.00%+0.50 pp
November 2, 20221.50%+0.75 pp
September 14, 20220.75%+0.75 pp
July 27, 20220.00%—

Frequently asked questions

Why the deposit facility rate?

It is the rate the ECB uses to signal its policy stance, so it is shown as the history. The other two rates are on their own pages.

Are meeting dates without a change listed?

No. Only dates on which the rate changed.

Figures are copied or calculated from the official dataset named above, as retrieved on the date shown. This page is information, not financial, legal or investment advice.