Eurozone · EUR
European Central Bank: next decision, current deposit facility rate, consensus
As of 28 October 2026.
The next European Central Bank deposit facility rate decision is confirmed for Thu 29 Oct 2026 at 13:15 UTC (29 Oct 14:15 (UTC+01:00)).
The deposit facility rate is currently 2.5%, after a +25 bp move on 10 Sep 2026.
FXMacroData forecast is 2.55%.
European Central Bank rate facts
Every value is the latest published reading FXMacroData holds. A decision date appears only after the bank publishes it, and times are shown in UTC with the market-local time where the schedule supplies one.
| Current deposit facility rate | 2.5% Latest published reading, 10 Sep 2026 |
|---|---|
| Last change | +25 bp on 10 Sep 2026 |
| Next decision (UTC) | Confirmed · local 29 Oct 14:15 (UTC+01:00) |
| Consensus | 2.55% FXMacroData forecast · FXMacroData Blended |
| Meeting frequency | ~8x/year Published cadence for this series. FXMacroData never infers a decision date from a cadence rule. |
| Official source | ECB |
The full deposit facility rate history, decision by decision, is on the Eurozone policy rate page. Upcoming dates come from the published release calendar, which currently reaches 04 Nov 2026 17:02 UTC.
How European Central Bank sets policy
The European Central Bank (ECB) Governing Council sets monetary policy for the euro area, with a primary mandate of price stability defined as 2% inflation over the medium term. Policy decisions are taken every six weeks and signalled through the deposit facility rate, main refinancing operations rate, and asset purchase programmes.
Common questions
When is the next European Central Bank rate decision?
The next European Central Bank deposit facility rate decision is confirmed for Thu 29 Oct 2026 at 13:15 UTC, which is 29 Oct 14:15 (UTC+01:00) in the market's own time zone.
What is the current European Central Bank deposit facility rate?
The European Central Bank deposit facility rate is 2.5%, from the reading published on 10 Sep 2026. The last change was +25 bp on 10 Sep 2026.
How often does the European Central Bank meet?
The deposit facility rate series is published ~8x/year. FXMacroData publishes a decision date only after the bank confirms it, so a cadence never stands in for a date.
How do I get European Central Bank decisions from the API?
Call GET /v1/announcements/eur/policy_rate for the rate series with its release timestamps, and GET /v1/calendar/eur?indicator=policy_rate for the upcoming decision date. USD is open without a key; other currencies need a subscription key.