European Central Bank meeting —

At its 6 March 2025 meeting, the European Central Bank lowered its policy rate from 2.75% to 2.50%.

Decision

cut — 2.75% to 2.50%

Key passages

The Governing Council today decided to lower the three key ECB interest rates by 25 basis points.

Rate cut confirms easing cycle continues.

In particular, the decision to lower the deposit facility rate – the rate through which the Governing Council steers the monetary policy stance – is based on its updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission.

Conditionality reinforces data-dependent approach.

Meeting documents

Background reading

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