In June 2024, the European Central Bank (ECB) cut its interest rate on deposit facilities for the first time since 2022. Just three months later, the ECB introduced another cut, lowering the rate to 3.5 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. (September 12, 2024). Fluctuation of the European Central Bank interest rate on deposit facilities from 2008 to 2024 [Graph]. In Statista. Retrieved November 09, 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. September 12, 2024. Statista. Accessed November 09, 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: November 09, 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 Sep 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 November 09, 2024)
Fluctuation of the European Central Bank interest rate on deposit facilities from 2008 to 2024 [Graph], ECB, September 12, 2024. [Online]. Available: https://www.statista.com/statistics/275581/fluctuation-of-the-ecb-interest-rate-on-deposit-facilities/
