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EUR · European Central Bank

ECB Interest Rate Decision

The next ECB rate decision in UTC, graded by the market reaction past decisions actually produced.

Next rate decision

in 38 days
Thursday, October 29, 2026
13:15 UTC
Decision 14:15 Frankfurt time, press conference 14:45
REVDEN impact Critical
Raw calendar label Set in the release week

REVDEN grades the rate decision Critical, from the reaction past decisions actually produced.

One decision, three releases

Thu, Oct 29 · UTC
13:15 Main Refinancing Rate REVDENCritical Raw labelRelease week
13:15 Monetary Policy Statement REVDENRelease week Raw labelRelease week
13:45 ECB Press Conference REVDENCritical Raw labelRelease week

How REVDEN grades. Every release is graded by the market reaction it actually produced, measured at 15 min, 1 h and 4 h. That grade overrides the raw label.

What is the ECB rate decision?

The Governing Council of the European Central Bank sets three key interest rates: the rates on the deposit facility, the main refinancing operations and the marginal lending facility. Since March 2024 it steers the monetary policy stance through the deposit facility rate.

Monetary policy meetings take place eight times a year. The decision is published at 14:15 Frankfurt time, and the press conference follows at 14:45. In UTC that is 12:15 and 12:45 during European summer time, and 13:15 and 13:45 in winter.

ECB monetary policy meetings 2026

February 5 Thu · 13:15 UTC
March 19 Thu · 13:15 UTC
April 30 Thu · 12:15 UTC
June 11 Thu · 12:15 UTC
July 23 Thu · 12:15 UTC
September 10 Thu · 12:15 UTC
December 17 Thu · 13:15 UTC
Source: European Central Bank, Governing Council meeting calendar. Decision times converted from 14:15 Frankfurt time.
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