ECB Rate Decisions in 2026
한국어 English
The European Central Bank raised its three key policy rates by 25 basis points on 11 June 2026, then held them at its 23 July meeting. The deposit facility rate stands at 2.25%, main refinancing operations at 2.40% and the marginal lending facility at 2.65%, with energy prices tied to the Middle East situation cited as an inflation risk.
Verified facts
- The Governing Council raised the three key ECB interest rates by 25 basis points on 11 June 2026, effective 17 June, per the official press release.
- After the increase the deposit facility rate stands at 2.25%, main refinancing operations at 2.40% and the marginal lending facility at 2.65%.
- At the 23 July 2026 meeting the Governing Council kept all three rates unchanged, per official ECB material.
- The Governing Council stated it follows a data-dependent, meeting-by-meeting approach and is not pre-committing to a particular rate path.
Reported, not confirmed
Statements from a single source, or where sources disagree- June Eurosystem staff projections put headline inflation at 3.0% for 2026, 2.3% for 2027 and 2.0% for 2028, with core inflation at 2.5% in 2026–2027 and 2.2% in 2028 (ECB official release, single source).
- In July the Council assessed that the energy price outlook, while highly volatile, stood close to the June projection baseline, and that the full inflationary impact of the energy shock had yet to play out (ECB official material, single source).
Sources
Source titles are kept in their original language- 1 Monetary policy decisions (11 June 2026) primary
- 2 Economic Bulletin, Issue 5, 2026 primary
- 3 유럽중앙은행 공식 홈페이지 primary
Official links
- official 유럽중앙은행(ECB)
- doc ECB 통화정책 결정문 (2026-06-11)
This English edition covers the verified facts and sourced claims. The full document — with sentence-level source references, timeline, FAQ and the complete revision history — is maintained in the Korean edition.