ECB Overnight Deposit Rate in Euro Area
Harmonized inflation rose in April, surprising markets on the upside by increasing to 7.0% from March’s 6.9%. Inflation should resume its downward trend ahead, curbed by tighter financing conditions and cooling domestic demand. A wage-price spiral poses an upside risk, as does a less-hawkish-than-expected monetary policy stance should financial turbulence reignite.
Euro Area ECB Overnight Deposit Rate Chart
Euro Area ECB Overnight Deposit Rate Data
|ECB Overnight Deposit Rate (%, eop)||-0.40||-0.40||-0.50||-0.50||-0.50|