Calendar 2025

Monetary policy meeting at which the Executive Board takes a decision on monetary policy including the policy rate.

The Executive Board’s monetary policy decision, including the decision on the policy rate, will be published together with the Monetary Policy Update for January 2025.

The decision on the level of the policy rate will apply from 5 February 2025.

The minutes from the Executive Board's monetary policy discussion on 28 January 2025 will be published.

Monetary policy meeting at which the Executive Board takes a decision on monetary policy including the policy rate.

The Executive Board’s monetary policy decision, including the decision on the policy rate, will be published together with the Monetary Policy Report for March 2025.

The decision on the level of the policy rate will apply from 26 March 2025.

The minutes from the Executive Board's monetary policy discussion on 19 March 2025 will be published.

Monetary policy meeting at which the Executive Board takes a decision on monetary policy including the policy rate.

The Executive Board’s monetary policy decision, including the decision on the policy rate, will be published together with the Monetary Policy Update for May 2025.

The decision on the level of the policy rate will apply from 14 May 2025.

The minutes from the Executive Board's monetary policy discussion on 7 May 2025 will be published.

The first Financial Stability Report of the year will be published.

Monetary policy meeting at which the Executive Board takes a decision on monetary policy including the policy rate.

The Executive Board’s monetary policy decision, including the decision on the policy rate, will be published together with the Monetary Policy Report for June 2025.

The decision on the level of the policy rate will apply from 25 June 2025.

The minutes from the Executive Board's monetary policy discussion on 17 June 2025 will be published.

Monetary policy meeting at which the Executive Board takes a decision on monetary policy including the policy rate.

The Executive Board’s monetary policy decision, including the decision on the policy rate, will be published together with the Monetary Policy Update for August 2025.

The decision on the level of the policy rate will apply from 27 August 2025.

The minutes from the Executive Board's monetary policy discussion on 19 August 2025 will be published.

Monetary policy meeting at which the Executive Board takes a decision on monetary policy including the policy rate.

The Executive Board’s monetary policy decision, including the decision on the policy rate, will be published together with the Monetary Policy Report for September 2025.

The decision on the level of the policy rate will apply from 1 October 2025.

The minutes from the Executive Board's monetary policy discussion on 22 September 2025 will be published.

Monetary policy meeting at which the Executive Board takes a decision on monetary policy including the policy rate.

The Executive Board’s monetary policy decision, including the decision on the policy rate, will be published together with the Monetary Policy Update for November 2025.

The decision on the level of the policy rate will apply from 12 November 2025.

The minutes from the Executive Board's monetary policy discussion on 4 November 2025 will be published.

The second Financial Stability Report of the year will be published.

Monetary policy meeting at which the Executive Board takes a decision on monetary policy including the policy rate.

The Executive Board’s monetary policy decision, including the decision on the policy rate, will be published together with the Monetary Policy Report for December 2025.

The decision on the level of the policy rate will apply from 7 January 2026.

The minutes from the Executive Board's monetary policy discussion on 17 December 2025 will be published.