Euro Area Interest Rate
Last Release
Sep 2019
Actual
0 %
Forecast
N/A
Previous
0 %
Frequency
Daily
Units In
%
Next Release
Oct 24, 2019
Time to Release
1 Days 3 Hours
Scroll for more details
Highest | Lowest | Average | Date Range | Source |
4.75 %} Apr 2001 | 0 % Oct 2018 | 1.9 % | 1998 - 2019 | European Central Bank |
In the Euro Area, benchmark interest rate is set by the Governing Council of the European Central Bank. The primary objective of the ECB’s monetary policy is to maintain price stability which is to keep inflation below, but close to 2 percent over the medium term. In times of prolonged low inflation and low interest rates, ECB may also adopt non-standard monetary policy measures, such as asset purchase programmes. The official interest rate is the Main refinancing operations rate.
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Latest Updates
Several ECB policymakers opposed the new bond purchases and a multi-tier deposit rate, even as all members reiterated the need for a highly accommodative stance of monetary policy for a prolonged period of time, minutes of the September meeting showed.
Euro Area Interest Rate History
Last 12 readings
Latest Releases and Calendar Events
News
All News| DATE | TIME | TITLE |
|---|---|---|
| Oct 10, 2019 | 12:27 | ECB Officials Divided on September's Stimulus Package |
| Sep 12, 2019 | 13:08 | ECB Cuts Deposit Facility Rate, Restarts Bond-Buying |
| Aug 22, 2019 | 12:03 | ECB Officials Consider Stimulus Package |
| Jul 25, 2019 | 13:18 | ECB Leaves Rates Unchanged but Hints at Future Action |
| Jul 11, 2019 | 11:50 | ECB Policymakers Ready to Cut Rates if Needed: Minutes |
| Jun 18, 2019 | 09:17 | ECB Ready to Provide More Stimulus if Needed: Draghi |
| Jun 6, 2019 | 12:06 | ECB Pushes Out Rate Hike |
Calendar
ECONOMIC CALENDAR| DATE | TIME | EVENT |
|---|---|---|
| Sep 12, 2019 | 12:30 | ECB Press Conference |
| Sep 12, 2019 | 11:45 | ECB Interest Rate Decision |
| Jul 25, 2019 | 12:30 | ECB Press Conference |
| Jul 25, 2019 | 11:45 | ECB Interest Rate Decision |
| Jul 11, 2019 | 11:30 | ECB Monetary Policy Meeting Accounts |
| Jun 6, 2019 | 12:30 | ECB Press Conference |
| Jun 6, 2019 | 11:45 | ECB Interest Rate Decision |
A Look at the Markets
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Euro Area money Indicators
All Euro Area indicatorsScroll for more details
Indicator | Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|---|
| Central Bank Balance Sheet | 4,695,111 Oct 2019 | 4,638,104 Sep 2019 | 692,641 Feb 1999 | 4,708,899 Jan 2019 | EUR Million | Weekly | 1999 - 2019 |
| Deposit Interest Rate | -0.5 Sep 2019 | -0.4 Aug 2019 | -0.5 Sep 2019 | 3.75 Apr 2001 | % | Monthly | 1999 - 2019 |
| Foreign Exchange Reserves | 75.16 Sep 2019 | 75.88 Aug 2019 | 34.91 Feb 2005 | 75.88 Aug 2019 | USD Billion | Monthly | 1999 - 2019 |
| Interbank Rate | -0.44 Oct 2019 | -0.44 Oct 2019 | -0.48 Sep 2019 | 5.39 Oct 2008 | % | Daily | 1998 - 2019 |
| Interest Rate | 0 Sep 2019 | 0 Aug 2019 | 0 Oct 2018 | 4.75 Apr 2001 | % | Daily | 1998 - 2019 |
| Loan Growth | 3.4 Aug 2019 | 3.4 Jul 2019 | -0.4 Nov 2013 | 9.9 Apr 2006 | % | Monthly | 2004 - 2019 |
Interest Rate across Europe
Interest Rate global viewScroll for more details
Country | Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|---|
| Albania | 1 Oct 2019 | 1 Sep 2019 | 1 Nov 2018 | 8.5 Nov 2002 | % | Daily | 2001 - 2019 |
| Armenia | 5.5 Sep 2019 | 5.75 Aug 2019 | 5.5 Sep 2019 | 10.5 Jun 2015 | % | Daily | 2010 - 2019 |
| Euro Area | 0 Sep 2019 | 0 Aug 2019 | 0 Oct 2018 | 4.75 Apr 2001 | % | Daily | 1998 - 2019 |
| Belarus | 9.5 Oct 2019 | 9.5 Sep 2019 | 9.5 Aug 2019 | 480 Nov 1994 | % | Daily | 1991 - 2019 |
| Bosnia and Herzegovina | 3.1 Aug 2019 | 3.06 Jul 2019 | 3.06 Jul 2019 | 80.25 Jan 1999 | % | Monthly | 1998 - 2019 |
| Croatia | 2.5 Sep 2019 | 2.5 Aug 2019 | 2.5 Nov 2018 | 4,290.85 Sep 1993 | % | Daily | 1992 - 2019 |