The ECB held its key marginal lending facility rate at 2.9% in October 2026, in line with expectations, following a 25bps hike in September and June. Lending Rate in Euro Area averaged 2.33 percent from 1999 until 2026, reaching an all time high of 5.75 percent in October of 2000 and a record low of 0.25 percent in March of 2016. source: European Central Bank
Lending Rate in Euro Area is expected to be 3.15 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Marginal Lending Rate is projected to trend around 3.40 percent in 2027 and 2.90 percent in 2028, according to our econometric models.