In June 2024, the European Central Bank (ECB) lowered its deposit facility interest rate for the first time in over two years, marking a shift in its monetary policy stance. This move was followed by a gradual adjustment, with the rate reaching 3.25 percent six months later. By December 2024, the ECB implemented an additional rate cut, bringing the rate down to three percent. In early 2025, the ECB implemented two further cuts, setting the rate at 2.5 percent in March 2025. These reductions came after a prolonged period of steady rate increases, signaling a measured response to evolving economic conditions and a potential recalibration of its approach to support growth and stability.
Fluctuation of the European Central Bank interest rate on deposit facilities from 2008 to 2025
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ECB. (April 3, 2025). Fluctuation of the European Central Bank interest rate on deposit facilities from 2008 to 2025 [Graph]. In Statista. Retrieved April 20, 2025, from https://www.statista.com/statistics/275581/fluctuation-of-the-ecb-interest-rate-on-deposit-facilities/
ECB. "Fluctuation of the European Central Bank interest rate on deposit facilities from 2008 to 2025." Chart. April 3, 2025. Statista. Accessed April 20, 2025. https://www.statista.com/statistics/275581/fluctuation-of-the-ecb-interest-rate-on-deposit-facilities/
ECB. (2025). Fluctuation of the European Central Bank interest rate on deposit facilities from 2008 to 2025. Statista. Statista Inc.. Accessed: April 20, 2025. https://www.statista.com/statistics/275581/fluctuation-of-the-ecb-interest-rate-on-deposit-facilities/
ECB. "Fluctuation of The European Central Bank Interest Rate on Deposit Facilities from 2008 to 2025." Statista, Statista Inc., 3 Apr 2025, https://www.statista.com/statistics/275581/fluctuation-of-the-ecb-interest-rate-on-deposit-facilities/
ECB, Fluctuation of the European Central Bank interest rate on deposit facilities from 2008 to 2025 Statista, https://www.statista.com/statistics/275581/fluctuation-of-the-ecb-interest-rate-on-deposit-facilities/ (last visited April 20, 2025)
Fluctuation of the European Central Bank interest rate on deposit facilities from 2008 to 2025 [Graph], ECB, April 3, 2025. [Online]. Available: https://www.statista.com/statistics/275581/fluctuation-of-the-ecb-interest-rate-on-deposit-facilities/