European Central Bank meeting —
At its 24 July 2025 meeting, the European Central Bank held its policy rate at 2.00%.
Decision
hold — 2.00% to 2.00%
Key passages
The Governing Council today decided to keep the three key ECB interest rates unchanged.
Inflation is currently at the 2% medium-term target.
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.