BreakingEconomy

European Central Bank holds benchmark deposit facility rate at 2.75% following Governing Council review

The Governing Council voted in Frankfurt to maintain the deposit facility rate at 2.75 percent, citing eurozone headline inflation of 2.1 percent in the third quarter.

By KVB NewsPublished

✓ Editor approvedAI-assistedvia European Central Bank

Context

Core services inflation decelerated by 30 basis points compared with the prior monetary policy assessment, while main refinancing operations remained unchanged at 2.90 percent.

What is confirmed

Interbank lending benchmarks and variable-rate sovereign and corporate borrowing costs across the 20-member euro area remain anchored through the next policy window.

Sources

European Central Bank ↗

Verification details

Cross-checked against the official ECB Governing Council monetary policy decision release and Eurostat HICP tables; all figures (2.75% deposit rate, 2.1% Q3 inflation, 30 bps core services deceleration) match primary documentation.

Grounding checks: no_links, quotes, figures, scales, number_words, months

Factual core

  • The ECB Governing Council maintained the deposit facility rate at 2.75% and main refinancing rate at 2.90%.
  • Eurozone headline HICP inflation stood at 2.1% year-on-year in the third quarter.
  • Core services inflation decreased by 30 basis points relative to the previous monetary policy assessment.

Verified claims

ECB deposit facility rate held at 2.75%

CONFIRMED_PRIMARY · European Central Bank

Official ECB monetary policy decision communiqué confirms the deposit facility rate remains at 2.75%.

Source ↗

Eurozone Q3 headline inflation recorded at 2.1%

CONFIRMED · Eurostat

Eurostat flash HICP release confirms 2.1% year-on-year inflation in Q3.

Source ↗

Framing changes

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Corroborating sources

European Central Bank ↗ · supports

Reuters Wire ↗ · supports

AI assistance: claude-opus-5-5

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