Unchanged left the interest rates The European Central Bank (ECB), as announced today (24.7.2025), confirming analysts’ estimates.
The ECB’s main deposit rate stayed at 2%, while some forecasts converge on a new decrease of 25 basis points in September – when EU -US agreement and new financial forecasts for the eurozone are expected.
The ECB has begun its monetary relaxation in June 2024, with 8 interest rate cuts, reflecting the slowdown in inflation and increasing concerns about the economic growth of the eurozone.
Interest rates on the acceptance of deposits, main refinancing and marginal funding facilitation remain at 2.00%, 2.14%and 2.40%.
The ECB’s announcement
The Board of Directors today decided to maintain the three main interest rates of the ECB unchanged. Inflation is currently formed in the medium -term target of 2%. Incoming information is generally in line with the previous evaluation of the Board of Directors for the prospects of inflation.
Domestic prices have continued to recede and salaries are increasing at a slower pace. By partly reflecting the previous interest rates by the Board of Directors, the economy has so far proven to be resistant to an adverse global environment so far. At the same time, the environment remains extremely uncertain, especially because of commercial conflicts.
The Board of Directors is determined to ensure that inflation is stabilized in the 2% goal in the medium term. It will follow an approach based on the available data and will make decisions from a meeting at a meeting to determine the appropriate direction of monetary policy.
Specifically, the decisions of the Board of Directors on interest rates will be based on its evaluation of the prospects of inflation and the dangers that surround them, in the light of incoming financial and financial data, as well as the dynamics of underlying inflation and the intensity with which monetary policy is transmitted. The Board of Directors is not committed in advance for a specific course of interest rates.