European Central Bank meeting —

At its 30 October 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.

Rates unchanged at 2.00%, as widely expected.

Inflation remains close to the 2% medium-term target and the Governing Council’s assessment of the inflation outlook is broadly unchanged.

Inflation assessment steady, no material revision.

Meeting documents

Background reading

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