View chart data
| Period | Deposit facility |
|---|---|
| 2022-06 | -0.5 |
| 2022-07 | 0 |
| 2022-09 | 0.75 |
| 2022-10 | 1.5 |
| 2022-12 | 2 |
| 2023-02 | 2.5 |
| 2023-03 | 3 |
| 2023-05 | 3.25 |
| 2023-06 | 3.5 |
| 2023-08 | 3.75 |
| 2023-09 | 4 |
| 2024-06 | 3.75 |
| 2024-09 | 3.5 |
| 2024-10 | 3.25 |
| 2024-12 | 3 |
| 2025-02 | 2.75 |
| 2025-03 | 2.5 |
| 2025-04 | 2.25 |
| 2025-06 | 2 |
| 2026-06 | 2.25 |
| 2026-09 | 2.5 |
| 2026-10 | 2.5 |
Eight cuts took the deposit rate from 4% to 2% by June 2025; the Iran-war energy shock has brought two hikes since, to 2.5%.
Source
ECB, key interest rates · 10 September 2026
Deposit facility rate, effective from each decision date. Hikes of 25bp on 11 June 2026 and 10 September 2026; next decision 29 October 2026.
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