European Central Bank meeting —
At its 23 July 2026 meeting, the European Central Bank held its policy rate at 2.25%.
Decision
hold — 2.25% to 2.25%
Key passages
The Governing Council today decided to keep the three key ECB interest rates unchanged.
The outlook for energy prices, while highly volatile, currently stands close to the baseline of the June Eurosystem staff projections and well above the levels recorded prior to the conflict in the Middle East.
Meeting documents
Background reading
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