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The Governing Council of the European Central Bank determines the benchmark interest rate for the Euro Area. ECB's monetary policy is primarily concerned with maintaining price stability, which is defined as keeping inflation below but near to 2% over the medium term. During protracted periods of low inflation and low interest rates, the ECB may also use unconventional monetary policy tools such as asset purchase programs. The Main refinancing operations rate is the official interest rate.

Category:  Interest Rate
Units:  Percent
Impact: High
Latest Release
Previous: 4.5%
Consensus: 4.5%
Actual: 4.5%
Next Release
Date: Feb 01, 13:15
Time left: 62 days