The European Central Bank's interest rate decision sets borrowing costs across the euro area and is a major driver of the euro.
Actual
2.40%
Forecast
2.4%
Previous
2.40%
Source: European Central Bank. Figures as released; revisions appear in the next print.
Forecast: Trading Economics' forecast where available, otherwise the market consensus.
Calendar data: Trading Economics; official figures from the publishing agency.
ECB Interest Rate Decision for July 23, 2026 came in at 2.40% versus 2.4% expected (previous 2.40%), in line with forecast.
How this print reads for the Euro
In line with the 2.4% forecast. A reading above forecast is generally read as positive for the EUR, and below forecast as negative.
New to this release? See what ECB Interest Rate Decision measures, the next release and its full history.