The European Central Bank's interest rate decision sets borrowing costs across the euro area and is the main driver of the euro.
Actual
4.5%
Forecast
4.5%
Previous
4.5%
ECB Interest Rate Decision for October 26, 2023 came in at 4.5% versus 4.5% expected (previous 4.5%), in line with forecast.
What it meant for the EUR
The actual landed in line with the 4.5% forecast. A reading above forecast is generally bullish for the EUR, and below forecast bearish.
New to this release? See what ECB Interest Rate Decision measures, the next release and its full history.