In June 2024, the European Central Bank (ECB) reduced the interest rate on its marginal lending facility by 0.25 percentage points, marking the first cut since 2016. Three months later, the ECB implemented another cut, setting the rate at 3.9 percent. It was followed by two further cuts at the end of 2024 and in early 2025, the latter one setting the rate at 3.15 percent. The marginal lending rate had previously been adjusted on March 16, 2016, when it was lowered from 0.3 percent to 0.25 percent, remaining unchanged until July 2022, when it was raised to 0.75 percent. After September 2022, the rate saw regular increases, reaching 4.75 percent by April 2024.
Fluctuation of the European Central Bank interest rate on the marginal lending facilities from 2008 to 2025
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ECB. (February 3, 2025). Fluctuation of the European Central Bank interest rate on the marginal lending facilities from 2008 to 2025 [Graph]. In Statista. Retrieved February 14, 2025, from https://www.statista.com/statistics/275601/fluctuation-of-the-ecb-interest-rate-on-marginal-lending-facilities-since-1999/?__sso_cookie_checker=failed
ECB. "Fluctuation of the European Central Bank interest rate on the marginal lending facilities from 2008 to 2025." Chart. February 3, 2025. Statista. Accessed February 14, 2025. https://www.statista.com/statistics/275601/fluctuation-of-the-ecb-interest-rate-on-marginal-lending-facilities-since-1999/?__sso_cookie_checker=failed
ECB. (2025). Fluctuation of the European Central Bank interest rate on the marginal lending facilities from 2008 to 2025. Statista. Statista Inc.. Accessed: February 14, 2025. https://www.statista.com/statistics/275601/fluctuation-of-the-ecb-interest-rate-on-marginal-lending-facilities-since-1999/?__sso_cookie_checker=failed
ECB. "Fluctuation of The European Central Bank Interest Rate on The Marginal Lending Facilities from 2008 to 2025." Statista, Statista Inc., 3 Feb 2025, https://www.statista.com/statistics/275601/fluctuation-of-the-ecb-interest-rate-on-marginal-lending-facilities-since-1999/?__sso_cookie_checker=failed
ECB, Fluctuation of the European Central Bank interest rate on the marginal lending facilities from 2008 to 2025 Statista, https://www.statista.com/statistics/275601/fluctuation-of-the-ecb-interest-rate-on-marginal-lending-facilities-since-1999/?__sso_cookie_checker=failed (last visited February 14, 2025)
Fluctuation of the European Central Bank interest rate on the marginal lending facilities from 2008 to 2025 [Graph], ECB, February 3, 2025. [Online]. Available: https://www.statista.com/statistics/275601/fluctuation-of-the-ecb-interest-rate-on-marginal-lending-facilities-since-1999/?__sso_cookie_checker=failed