In June 2024, the European Central Bank (ECB) reduced the interest rate on its marginal lending facility by 0.25 percentage points, marking the first cut since 2016. Three months later, the ECB implemented another cut, setting the rate at 3.9 percent. It was followed by two further cuts at the end of 2024 and three more in early 2025, the latter one setting the rate at 2.65 percent. The marginal lending rate had previously been adjusted on March 16, 2016, when it was lowered from 0.3 percent to 0.25 percent, remaining unchanged until July 2022, when it was raised to 0.75 percent. After September 2022, the rate saw regular increases, reaching 4.75 percent by April 2024.
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Fluctuation of the European Central Bank interest rate on the marginal lending facilities from 2008 to 2025
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ECB. (May 3, 2025). Fluctuation of the European Central Bank interest rate on the marginal lending facilities from 2008 to 2025 [Graph]. In Statista. Retrieved July 12, 2025, from https://www.statista.com/statistics/275601/fluctuation-of-the-ecb-interest-rate-on-marginal-lending-facilities-since-1999/
ECB. "Fluctuation of the European Central Bank interest rate on the marginal lending facilities from 2008 to 2025." Chart. May 3, 2025. Statista. Accessed July 12, 2025. https://www.statista.com/statistics/275601/fluctuation-of-the-ecb-interest-rate-on-marginal-lending-facilities-since-1999/
ECB. (2025). Fluctuation of the European Central Bank interest rate on the marginal lending facilities from 2008 to 2025. Statista. Statista Inc.. Accessed: July 12, 2025. https://www.statista.com/statistics/275601/fluctuation-of-the-ecb-interest-rate-on-marginal-lending-facilities-since-1999/
ECB. "Fluctuation of The European Central Bank Interest Rate on The Marginal Lending Facilities from 2008 to 2025." Statista, Statista Inc., 3 May 2025, https://www.statista.com/statistics/275601/fluctuation-of-the-ecb-interest-rate-on-marginal-lending-facilities-since-1999/
ECB, Fluctuation of the European Central Bank interest rate on the marginal lending facilities from 2008 to 2025 Statista, https://www.statista.com/statistics/275601/fluctuation-of-the-ecb-interest-rate-on-marginal-lending-facilities-since-1999/ (last visited July 12, 2025)
Fluctuation of the European Central Bank interest rate on the marginal lending facilities from 2008 to 2025 [Graph], ECB, May 3, 2025. [Online]. Available: https://www.statista.com/statistics/275601/fluctuation-of-the-ecb-interest-rate-on-marginal-lending-facilities-since-1999/