ECB Rate On Main Refinancing Operations

ECB Rate On Main Refinancing Operations is announced by the European Central Bank. Usually if the ECB is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the EUR. Likewise, if the ECB has a dovish view on the European economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.

Most recent - Thursday 18 July 2024 12:15

Previous
4.25%
Forecast
4.25%
Actual
4.25%

Trading range

Forecast history

The most recent announced value for ECB Rate On Main Refinancing Operations was 4.25% against a forecast of 4.25%.

Past events

Date
Forecast
Actual
Thursday 18 July 2024 12:15
4.25%
4.25%
Thursday 6 June 2024 12:15
4.25%
4.25%
Thursday 11 April 2024 12:15
4.5%
4.5%
Thursday 7 March 2024 13:15
4.5%
4.5%
Thursday 25 January 2024 13:15
4.5%
4.5%
Thursday 14 December 2023 13:15
4.5%
4.5%
Thursday 26 October 2023 12:15
4.5%
4.5%
Thursday 14 September 2023 12:15
4.25%
4.5%
Thursday 27 July 2023 12:15
4.25%
4.25%
Thursday 15 June 2023 12:15
4%
4%
Thursday 4 May 2023 12:15
3.75%
3.75%
Thursday 16 March 2023 13:15
3.5%
3.5%
Thursday 2 February 2023 13:15
3%
3%
Thursday 15 December 2022 13:15
2.5%
2.5%
Thursday 27 October 2022 12:15
2%
2%
Thursday 8 September 2022 12:15
1.25%
1.25%
Thursday 21 July 2022 12:15
0.25%
0.5%
Thursday 9 June 2022 11:45
0%
0%
Thursday 14 April 2022 11:45
0%
0%
Thursday 10 March 2022 12:45
0%
0%
Thursday 3 February 2022 12:45
0%
0%
Thursday 16 December 2021 12:45
-
0%
Thursday 28 October 2021 11:45
0%
0%
Thursday 9 September 2021 11:45
0%
0%

Economic context

Recent economic data has been moderately bearish for EUR. Other recent announcements which may affect the market's interpretation of the next ECB Rate On Main Refinancing Operations result:

PreviousLatest
IFO – Business ClimateBearish change88.687
IFO – Current AssessmentBearish change88.387.1
IFO – ExpectationsBearish change88.886.9
HCOB Composite PMIBearish change50.950.1
HCOB Manufacturing PMIBearish change45.845.6
HCOB Services PMIBearish change52.851.9
HCOB Composite PMIBearish change50.448.7
HCOB Manufacturing PMIBearish change43.542.6
HCOB Services PMIBearish change53.152
HCOB Composite PMIBullish change48.849.5
HCOB Manufacturing PMIBearish change45.444.1
HCOB Services PMIBullish change49.650.7
GfK Consumer Confidence SurveyBullish change-21.6-18.4
Consumer ConfidenceBullish change-14-13
Producer Price Index (MoM)Bullish change0%0.2%
Producer Price Index (YoY)Bullish change-2.2%-1.6%
Core Harmonized Index of Consumer Prices (MoM)Bullish change0.3%0.4%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.9%2.9%
Harmonized Index of Consumer Prices (MoM)(no change)0.2%0.2%
ZEW Survey – Current SituationBullish change-73.8-68.9
ZEW Survey – Economic SentimentBearish change47.541.8
ZEW Survey – Economic SentimentBearish change51.343.7
Consumer Price Index (EU Norm) (YoY)(no change)0.9%0.9%
Consumer Price Index (YoY)(no change)0.8%0.8%
Industrial Production s.a. (MoM)Bearish change0%-0.6%

About ECB Rate On Main Refinancing Operations

Country:Eurozone
Currency:EUR
Source:European Central Bank
Category:Interest Rates
Frequency:Weekly/week-based
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