European Central Bank

We kept our key interest rates unchanged. We expect inflation to stabilise around our 2% target in the period ahead. Read today’s monetary policy decisions ecb.europa.eu/press/pr/date/…

The Governing Council decided to keep interest rates unchanged at today’s press conference.   We are in a wait-and-see situation, and our monetary policy decision will remain data-dependent, said President Christine @Lagarde.

Inflation is currently at our 2% medium-term target, said President @Lagarde after the Governing Council decided to keep the three key interest rates unchanged. We are determined to ensure that inflation stabilises at target in the medium term.

Today we kept our key interest rates unchanged. We did this because inflation is set to stabilise at our 2% target. The economy has been resilient, but the global environment remains exceptionally uncertain.

We’ve just taken our latest monetary policy decisions. Tune in to #TheECBPodcast to hear President Christine @Lagarde present the decisions in our press conference.

President @Lagarde has just presented the Governing Council’s monetary policy statement.

Watch the ECB press conference live: President Christine @Lagarde explains today’s monetary policy decisions europa.eu/!KByWRW

Later today: watch live as ECB President Christine @Lagarde explains the latest monetary policy decisions europa.eu/!KByWRW

We asked 155 banks about changes in their lending conditions and loan demand during the second quarter of 2025. Read our bank lending survey to find out more europa.eu/!76jwhb

In the latest Survey on the Access to Finance of Enterprises (SAFE), firms reported lower interest rates on bank loans and slightly tighter lending conditions in the second quarter of 2025. Expectations for selling prices, wages and one-year-ahead inflation declined.

How did the euro area current account balance evolve in May? And how does it compare with the same month a year earlier? Find out more in the press release europa.eu/!MknCTt

We estimate that the share of critical functions outsourced to third parties and difficult or impossible to substitute is 82%, says Supervisory Board member Anneli Tuominen. Our guide on outsourcing cloud services outlines good practices to help banks strike the right balance.

Since November 2024 we have: ✅ Improved the draft rulebook ✅ Explored the digital euro’s innovation potential with the market ✅ Gathered feedback to make the digital euro as inclusive and accessible as possible ✅ Engaged on how the digital euro would fit into the payments…

The ECB has published its third progress report on the digital euro project. We're refining the rulebook, exploring the digital euro’s innovation potential, and engaging with all stakeholders.

ECB finalises Guide on outsourcing cloud services (press release) bankingsupervision.europa.eu/press/pr/date/…

Coming up tomorrow at 11:15 CET: representatives from civil society organisations meet with our project team to discuss how the digital euro will help ensure European autonomy and resilience.

💶 Applications for the design contest for our future banknotes are now open! Are you a graphic designer residing in the EU? Submit your application by 12:00 CET on 18 August. Information about the application process can be found on our website ecb.europa.eu/ecb/jobsproc/t…

Tariff announcements and calls to reduce the complexity of the regulatory and supervisory framework are affecting the banking sector. Maintaining resilience and strengthening the Single Market should help guide Europe’s response, says Supervisory Board Chair Claudia Buch.

Watch live: Supervisory Board Chair Claudia Buch appears before the European Parliament’s Committee on Economic and Monetary Affairs, @Europarl_EN.

Supervisory Board Chair Claudia Buch will appear before the European Parliament’s Committee on Economic and Monetary Affairs, @Europarl_EN. She will discuss the state of the European banking sector, the challenges we are facing and how to address them.