In June 2024, the European Central Bank (ECB) cut its interest rate on deposit facilities for the first time since 2022. Just six months later, the ECB interest rate reached 3.25 percent. These reductions came after a prolonged period of steadily increasing rates.
Fluctuation of the European Central Bank interest rate on deposit facilities from 2008 to 2024
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ECB. (November 12, 2024). Fluctuation of the European Central Bank interest rate on deposit facilities from 2008 to 2024 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/275581/fluctuation-of-the-ecb-interest-rate-on-deposit-facilities/
ECB. "Fluctuation of the European Central Bank interest rate on deposit facilities from 2008 to 2024." Chart. November 12, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/275581/fluctuation-of-the-ecb-interest-rate-on-deposit-facilities/
ECB. (2024). Fluctuation of the European Central Bank interest rate on deposit facilities from 2008 to 2024. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/275581/fluctuation-of-the-ecb-interest-rate-on-deposit-facilities/
ECB. "Fluctuation of The European Central Bank Interest Rate on Deposit Facilities from 2008 to 2024." Statista, Statista Inc., 12 Nov 2024, https://www.statista.com/statistics/275581/fluctuation-of-the-ecb-interest-rate-on-deposit-facilities/
ECB, Fluctuation of the European Central Bank interest rate on deposit facilities from 2008 to 2024 Statista, https://www.statista.com/statistics/275581/fluctuation-of-the-ecb-interest-rate-on-deposit-facilities/ (last visited December 30, 2024)
Fluctuation of the European Central Bank interest rate on deposit facilities from 2008 to 2024 [Graph], ECB, November 12, 2024. [Online]. Available: https://www.statista.com/statistics/275581/fluctuation-of-the-ecb-interest-rate-on-deposit-facilities/