Press Releases

The KOF MPC figure for 11 April 2024 is -0.26. At today’s meeting, the ECB’s Governing Council decided to keep the three key ECB interest rates unchanged and confirmed that incoming data is in line with its previous medium-term inflation outlook.

The KOF MPC figure for 7 March 2024 is -0,39. At today’s meeting, the ECB’s Governing Council decided to keep the three key ECB interest rates unchanged.

The KOF MPC figure for 25 January 2024 is 0.09. At today’s meeting, the ECB’s Governing Council decided to keep the three key ECB interest rates unchanged.

The KOF MPC figure for 14 December 2023 is 0.00. At today’s meeting, the ECB’s Governing Council decided to keep the three key ECB interest rates unchanged.

The KOF MPC figure for 26 October 2023 is 0.29. At today’s meeting, the ECB’s Governing Council decided to keep the three key ECB interest rates unchanged.

The KOF MPC figure for 14 September 2023 is 0.09. At today’s meeting, the ECB’s Governing Council reiterated that inflation continues to decline but is still expected to remain too high for too long.

The KOF MPC figure for 27 July 2023 is 0.25. At today’s meeting, the ECB’s Governing Council communicated that inflation continues to decline but is still expected to remain too high for too long.

The KOF MPC figure for 15 June 2023 is 0.06. At today’s meeting, the ECB’s Governing Council communicated that inflation has been coming down but is projected to remain too high for too long.

The KOF MPC figure for 4 May 2023 is 0.19. At today’s meeting, the ECB’s Governing Council communicated that the inflation outlook continues to be too high for too long.

The KOF MPC figure for 16 March 2023 is 0.20. At today’s meeting, the ECB’s Governing Council communicated that there is an elevated level of uncertainty about the inflation outlook.

The KOF MPC figure for 2 February 2023 is -0.04. At today’s meeting, the ECB’s Governing Council communicated that price pressures remain strong, as high energy costs are spreading throughout the economy.

The KOF MPC figure for 15 December 2022 is 0.26. At today’s meeting, the ECB’s Governing Council communicated that inflation is expected to stay above the ECB’s inflation target until 2025.

The KOF MPC figure for 27 October 2022 is 0.49. At today’s meeting, the ECB’s Governing Council communicated that inflation will stay above the ECB’s target for an extended period.

The KOF MPC figure for 8 September 2022 is 0.53. At today’s meeting, the ECB’s Governing Council communicated that inflation is far too high and is likely to stay above the ECB’s target for an extended period.

The KOF MPC figure for 21 July 2022 is 0.53. At today’s meeting, the ECB’s Governing Council communicated that inflation is undesirably high.

The KOF MPC figure for 9 June 2022 is 0.20. At today’s meeting, the ECB’s Governing Council communicated that it will make sure that inflation returns to the ECB’s two per cent target over the medium term.

The KOF MPC figure for 14 April 2022 is 0.51. At today’s meeting, the ECB’s Governing Council communicated that initial signs of above-target revisions in long term inflation measures warrant close monitoring.

The KOF MPC figure for 10 March 2022 is 0.26. At today’s meeting, the ECB’s Governing Council communicated that it sees an increased likelihood of inflation stabilising at the inflation target over the medium term.

The KOF MPC figure for 3 February 2022 is 0.15. At today’s meeting, the ECB’s Governing Council confirmed its monetary policy stance.

The KOF MPC figure for 16 December 2021 is -0.03. At today’s meeting, the ECB’s Governing Council confirmed the need for an ongoing monetary policy accommodation so that inflation stabilizes at the inflation target.

The KOF MPC figure for 28 October 2021 is 0.19. At today’s meeting, the ECB’s Governing Council confirmed the need for an accommodative monetary policy stance.

The KOF MPC figure for 9 September 2021 is 0.39. At today’s meeting, the ECB’s Governing Council confirmed the need for an accommodative monetary policy stance.

The KOF MPC figure for 22 July 2021 is 0.24. At today’s meeting, the ECB’s Governing Council has underlined its commitment to maintain a persistently accommodative monetary policy stance to meet the ECB’s inflation target.

The KOF MPC figure for 10 June 2021 is -0.34. At today’s meeting, the ECB’s Governing Council has confirmed the need for a very accommodative monetary policy.

The KOF MPC figure for 22 April 2021 is -0.07. At today’s meeting, the ECB’s Governing Council has reconfirmed the need for a very accommodative monetary policy stance.

The KOF MPC figure for 11 March 2021 is 0.14. At today’s meeting, the ECB’s Governing Council has confirmed that the medium-term inflation outlook remains below the ECB’s inflation aim.

The KOF MPC figure for 21 January 2021 is 0.00. At today’s meeting, the ECB’s Governing Council has reconfirmed the need for a very accommodative monetary policy stance.

The KOF MPC figure for 10 December 2020 is -0.21. At today’s meeting, the ECB has recalibrated its monetary policy instruments, as the inflation outlook is weaker than previously anticipated.

The KOF MPC figure for 29 October 2020 is 0.00. At today’s meeting, the ECB’s Governing Gouncil communicated that it will recalibrate its instruments to counteract the impact of the pandemic on the projected inflation path in December.

The KOF MPC figure for 10 September 2020 is -0.21. At today’s meeting, the ECB has reconfirmed that ample monetary stimulus is necessary to support the economic recovery and to safeguard medium-term price stability.

The KOF MPC figure for 16 July 2020 is -0.38. At today’s meeting, the ECB has reconfirmed its very accommodative monetary policy stance to safeguard medium-term price stability.

The KOF MPC figure for 4 June 2020 is -0.74. Given a substantial downward revision of the inflation outlook, the ECB decided to adjust the parameters of the pandemic emergency purchase programme.

The KOF MPC figure for 30 April 2020 is -0.35. As a response to the coronavirus (COVID-19) shock, the ECB decided to further improve longer-term refinancing conditions.

The KOF MPC figure for 12 March 2020 is 0.21. As a response to the coronavirus (COVID-19) shock, the ECB decided on a comprehensive package of monetary policy measures.

The KOF MPC figure for 23 January 2020 is 0.32. The ECB reiterated the need for a highly accommodative stance of monetary policy for a prolonged period of time.

The KOF MPC figure for 12 December 2019 is 0.25. Given a subdued inflation outlook, the ECB reit-erated the need for a highly accommodative monetary policy stance for a prolonged period of time.

The KOF MPC figure for 24 October 2019 is 0.21. The ECB reiterated the need for a highly accommodative stance of monetary policy for a prolonged period of time.

The KOF MPC figure for 12 September 2019 is -0.15. The ECB communicated a continued shortfall of inflation with respect to the ECB’s aim.

The KOF MPC figure for 25 July 2019 is 0.15. The ECB communicated that inflation rates, both realised and projected, have been persistently below levels that are in line with its aim.

The KOF MPC figure for 6 June 2019 is 0.44. The ECB communicated that further monetary accommodation is necessary for a sustained convergence of inflation to the ECB’s aim.

The KOF MPC figure for 7 March 2019 is 0.03. The ECB communicated that an ample degree of monetary accommodation is necessary for a sustained convergence of inflation to the ECB’s aim.

The KOF MPC figure for 24 January 2019 is 0.34. The ECB repeated its confidence in the sustained convergence of inflation to the aim even after the end of net asset purchases.

The KOF MPC figure for 13 December 2018 is 0.14. The ECB communicated confidence in the sustained convergence of inflation to the aim even after the end of net asset purchases.

The KOF MPC figure for 25 October 2018 is 0.69. The ECB confirmed its confidence in the sustained convergence of inflation to the aim even after the gradual winding-down of net asset purchases.

The KOF MPC figure for 13 September 2018 is 0.54. The ECB communicated confidence in the sustained convergence of inflation to the aim even after a gradual winding-down of net asset purchases.

The KOF MPC figure for 14 June 2018 is 0.41. The ECB communicated that substantial progress towards a sustained adjustment in the path of inflation towards the ECBs aim in the medium term has been made.

The KOF MPC figure for 26 April 2018 is 0.06. Despite some signs of moderation in the economic expansion, the ECB confirmed its confidence that inflation rates will converge towards the ECB’s inflation aim.

The KOF MPC figure for 8 March 2018 is -0.05. The ECB confirmed its confidence that inflation rates will converge towards the ECB’s inflation aim.

The KOF MPC figure for 25 January 2018 is 0.33. The ECB communicated strengthened confidence that inflation rates will converge towards the ECB’s inflation aim.