According to the European Central Bank's survey of professional forecasters, the interest rate on the ECB's main refinancing operations is expected to decrease from *** percent in January 2025 to *** percent in 2026.
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ECB. (January 31, 2025). Forecasted annual interest rate on the European Central Bank's (ECB) main refinancing operations from 2025 to 2027 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 17, 2026, from /statistics/1440772/forecasted-interest-rate-ecb-main-refinancing-operations/
ECB. "Forecasted annual interest rate on the European Central Bank's (ECB) main refinancing operations from 2025 to 2027." Chart. January 31, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 17, 2026. /statistics/1440772/forecasted-interest-rate-ecb-main-refinancing-operations/
ECB. (2025). Forecasted annual interest rate on the European Central Bank's (ECB) main refinancing operations from 2025 to 2027. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 17, 2026. /statistics/1440772/forecasted-interest-rate-ecb-main-refinancing-operations/
ECB. "Forecasted Annual Interest Rate on The European Central Bank's (Ecb) Main Refinancing Operations from 2025 to 2027." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 31 Jan 2025, /statistics/1440772/forecasted-interest-rate-ecb-main-refinancing-operations/
ECB, Forecasted annual interest rate on the European Central Bank's (ECB) main refinancing operations from 2025 to 2027 ÌÇÐÄÆÆ½â°æ, /statistics/1440772/forecasted-interest-rate-ecb-main-refinancing-operations/ (last visited July 17, 2026)
Forecasted annual interest rate on the European Central Bank's (ECB) main refinancing operations from 2025 to 2027 [Graph], ECB, January 31, 2025. [Online]. Available: /statistics/1440772/forecasted-interest-rate-ecb-main-refinancing-operations/