ECB Interest Rate Decision 29 October 2026
ECB Interest Rate Decision 29 October 2026: the release is due at 13:15 UTC, with a forecast of 2.65%. The last release came in at 2.65% against a forecast of 2.65%. Of the last 12 releases, 0 came in above the forecast and 0 below it.
These figures were verified on 23 Oct 2026 from the source: European Central Bank. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.
What a surprise usually does
Above the forecast: A rate increase or less-dovish decision than markets expect usually strengthens the euro as expected returns rise. A surprise can cause a strong move, though guidance may reverse it.
Below the forecast: A rate cut or more-dovish decision than expected usually weakens the euro as markets price lower returns. The response can be sharp if the decision changes the expected rate path.
In line with the forecast: If the decision matches pricing, the euro may move little at first; traders will focus on the statement and press conference for clues about future rates.
