Euro Area Interest Rate 1998-2016 | Data | Chart | Calendar | Forecast
The ECB left its benchmark refinancing rate steady at a record low of 0.05 percent and the asset purchase program on hold on January 21st 2016. Policymakers consider current monetary policy measures are working but would need to be re-examined in March as growth and inflation outlook worsened. Interest Rate in the Euro Area averaged 2.25 percent from 1998 until 2016, reaching an all time high of 4.75 percent in October of 2000 and a record low of 0.05 percent in September of 2014. Interest Rate in the Euro Area is reported by the European Central Bank.