Sources
Economic Bulletin Issue 7, 2026
The ECB's Governing Council kept its three key rates unchanged at its 29 October 2026 meeting, with the deposit facility at 2.50%, as euro area inflation rose to 3.8% in September.
- Rates held on 29 Oct 2026: deposit facility 2.50%, main refinancing 2.65%, marginal lending 2.90%.
- Euro area inflation rose to 3.8% in September from 3.2% in August.
- Energy price inflation jumped to 18.9% in September from 14.3% in August.
- Banks tightened credit standards on loans to firms in Q3, per the October 2026 bank lending survey.