Central Bank Intelligence
ECB Rate Watch
European Central Bank policy decisions, rate path, and meeting calendar. Independent analysis for European equity and fixed-income investors.
Rate Change History
Source: ECB Data Portal (deposit facility rate). Dates are when each change took effect; meetings that left rates unchanged are not listed. Informational only, not investment advice.
Market Backdrop
EUR/USD
1.1253
A stronger euro lowers import prices and eases inflation pressure; a weaker euro does the opposite.
Brent crude
$107.94
Energy prices feed straight into headline inflation, the number the ECB is judged on.
Upcoming Rate Decisions
Source: ECB meeting calendar.
Rate rises → equity implications
Higher short-term rates tend to widen net interest income for banks such as ING, ABN AMRO and BNP Paribas, and weigh on rate-sensitive real estate such as Vonovia and Unibail.
Open Macro–Equity Bridge →General information only under Article 24 MiFID II. Not personalised investment advice. Source: ECB Data Portal and ECB meeting calendar. Full disclaimer →