Next Ecb Interest Rate Decision 2024. The governing council decided in march 2024 that it will continue to steer the monetary policy stance through the deposit facility rate. It will be a pivotal week for european markets as the ecb may cut interest rates for the first time in eight years.

Over the second half of 2024, the pepp portfolio will decline by €7.5 billion per month on average. The governing council today decided to lower the three key ecb interest rates by 25 basis points.