European Central Bank meeting —
At its 25 January 2024 meeting, the European Central Bank held its policy rate at 4.00%.
Decision
hold — 4.00% to 4.00%
Key passages
The Governing Council today decided to keep the three key ECB interest rates unchanged.
Aside from an energy-related upward base effect on headline inflation, the declining trend in underlying inflation has continued, and the past interest rate increases keep being transmitted forcefully into financing conditions.
Meeting documents
Background reading
Previous meeting · Next meeting · Open the full decision workspace
The Cadence Brief
The one number that moved central bank pricing — delivered each weekday morning.