ECB Rates, Inflation & Money #

Euro-area monetary policy as a time series - policy rates, inflation, money supply, lending, and the euro

2.25%

Deposit Facility Rate

1.9%

HICP Inflation · Dec 2025

2.3%

Core Inflation

+3.2%

M3 Money Supply (YoY)

ECB Policy Rates #

The three key rates that set the price of money in the euro area. The deposit facility rate is the effective policy rate today.

⬇ PNG

Inflation vs the 2% Target #

HICP headline and core (excluding energy and food) year-over-year. The ECB targets 2% over the medium term.

⬇ PNG

Money Supply Growth #

Annual growth in M1 (cash and overnight deposits) and M3 (broad money) - a leading read on liquidity and credit

⬇ PNG

Bank Lending Rates #

What households pay on new mortgages and firms pay on new loans - how policy transmits to the real economy

⬇ PNG

The Euro #

Euro exchange rate against the US dollar and pound sterling (reference rates)

⬇ PNG

Policy rates are step series (they hold until the next decision). Inflation and money growth are year-over-year; lending rates are new-business rates. Updated automatically via weekly cron.