Historical Year Data · 2025

ECB Main Refinancing Rate in 2025

ECB Main Refinancing Rate opened 2025 at 2.90% and closed at 2.15%, a -25.86% move for the year. The high of 2.90% was reached on February 5, and the low of 2.15% on June 11.

Open

2.90%

2025-01

2.15%

4 data points

High

2.90%

Feb 5

Low

2.15%

Jun 11

Full Year Change

-25.86%

2024 Change

-25.88%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Feb	2.90%	2.90%	2.90%	2.90%	+0.00%
Mar	2.65%	2.65%	2.65%	2.65%	+0.00%
Apr	2.40%	2.40%	2.40%	2.40%	+0.00%
Jun	2.15%	2.15%	2.15%	2.15%	+0.00%

Events During 2025

2025 US Tariff Shock

Stagflation

February – April 2025

The Trump administration imposed reciprocal tariffs averaging 25% on most trading partners in February-April 2025. Markets priced the most aggressive trade policy shift since 1930, with ripple effects across currencies, bond yields, and supply chains.

Previous Year

← ECB Main Refinancing Rate in 2024