The European Central Bank raised its policy interest rate by 25 basis points to 2.25%. The bank increased the main refinancing operations rate to 2.4% and the marginal lending facility rate to 2.65%.
The decision was announced following the two-day Governing Council meeting held on June 10-11. ECB President Christine Lagarde stated that the decision was announced at a press conference in Frankfurt.
The central bank took this step after a period of holding rates steady since June 2025. This marked a new adjustment in the institution's monetary tightening path.
The rate hike came amid accelerating inflation in the eurozone. By raising all three key interest rates simultaneously, the ECB tightened its monetary policy stance.
Details of the Governing Council's decision are being closely watched for indications of how monetary policy will evolve in the coming period. For markets, this move became one of the main developments setting the new level of borrowing costs in the eurozone.