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Euro Area Interest RateEuro Area Interest RateEuro Area Interest Rate

Euro Area Interest Rate

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EUINTR chart

About Euro Area Interest Rate

Category
Money
Source
European Central Bank
Frequency
Monthly
Units
%
In the Euro Area, benchmark interest rate is set by the Governing Council of the European Central Bank. The primary objective of the ECB’s monetary policy is to maintain price stability which is to keep inflation below, but close to 2 percent over the medium term. In times of prolonged low inflation and low interest rates, ECB may also adopt non-standard monetary policy measures, such as asset purchase programmes. The official interest rate is the Main refinancing operations rate.

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EUDIREuro Area Deposit Interest Rate
EUFEREuro Area Foreign Exchange Reserves
EUINBREuro Area Interbank Rate
EULGEuro Area Loan Growth YoY
EULPSEuro Area Loans To Private Sector
EULREuro Area Central Bank Lending Rate
EUM1Euro Area Money Supply M1
EUM2Euro Area Money Supply M2
EUM3Euro Area Money Supply M3

Frequently Asked Questions

Interest rate is the proportion of a loan that is charged as interest to the borrower, typically an annual percentage of the loan outstanding. When it comes to the national level, interest rate is a rate at which banks borrow money from a country's central bank.
Yes, negative interest rate can be used by the government as a monetary policy tool to stimulate economy growth.
Growing or falling interest rate can influence the country's economy, stimulate it or lower the inflation level. Even people can feel the effect of interest rate's movements — for example, if interest rate increases, loans get more expensive.