FX.co ★ ECB Lifts Eurozone Deposit Facility Rate to 2.50% in September Tightening Step

The European Central Bank has raised the Eurozone Deposit Facility Rate to 2.50% in September 2026, up from 2.25% previously, marking a further step in its monetary tightening path. The move comes after the last adjustment in July 2026, when the rate had been set at 2.25%.

This latest increase underscores the ECB’s continued use of its key short-term rate tool to steer liquidity conditions in the banking system and influence broader financial markets. The 0.25 percentage point rise may affect funding costs for banks and, indirectly, borrowing conditions across the euro area.

According to the most recent data, updated on 10 September 2026, the Deposit Facility Rate now stands at 2.50% following the September decision, reinforcing the current restrictive stance of monetary policy in the Eurozone.