ECB holds deposit rate at 2.50% as US PCE inflation edges up to 3.6%
The European Central Bank held its deposit facility rate at 2.50% on Thursday, Oct. 29. The U.S. Bureau of Economic Analysis reported PCE inflation of 3.6% year on year for September 2026, a small rise from August.
Key figures
| Indicator | Value | Previous |
|---|---|---|
| ECB deposit facility rateOctober 29, 2026 | 2.50% | 2.50%September 10, 2026 |
| US PCE price index, year on yearSeptember 2026 | 3.6% | 3.4%August 2026 |
| ECB reference rate, US dollars per euroOctober 29, 2026 | 1.1130 USD | 1.1133 USDOctober 28, 2026 |
Source: European Central Bank. Data: B-NKER (b-nker.com), CC BY 4.0.
What was published
- The European Central Bank kept its deposit facility rate at 2.50% in its October 29, 2026 decision, and the rate holds at the 2.50% level set on September 10, 2026. The bank said the main refinancing and marginal lending rates also stay unchanged, as “The interest rates on the deposit facility, the main refinancing operations and the marginal lending facility will remain unchanged at 2.50%, 2.65% and 2.90% respectively.” Read our brief on ECB rate decision for the full decision.
- The U.S. Bureau of Economic Analysis reported that the PCE price index rose 3.6% year on year in September 2026, a preliminary figure. That edges up from 3.4% in August 2026, and the agency said “From the same month one year ago, the PCE price index for September increased 3.6 percent.” See our brief on US personal income for details.
- The European Central Bank set its reference rate at 1.1130 USD per euro for October 29, 2026, and the rate is unchanged against 1.1133 USD on October 28, 2026. The bank publishes it daily, and you can follow the series on ECB reference rate, US dollars per.
Next release
Friday, Oct. 30
Sources
- European Central Bank, ECB rate decision, 2026-10-29Source: European Central Bank (ECB), information available free of charge on the ECB website. Data: B-NKER (b-nker.com), CC BY 4.0.
- European Central Bank, ECB rate decision, previousSource: European Central Bank (ECB), information available free of charge on the ECB website. Data: B-NKER (b-nker.com), CC BY 4.0.
- U.S. Bureau of Economic Analysis, US personal income and outlays (PCE prices), 2026-10-29Source: U.S. Bureau of Economic Analysis. Data: B-NKER (b-nker.com), CC BY 4.0.
- U.S. Bureau of Economic Analysis, US personal income and outlays (PCE prices), previousSource: U.S. Bureau of Economic Analysis. Data: B-NKER (b-nker.com), CC BY 4.0.
- European Central Bank, ECB reference rate, US dollars per euro, 2026-10-29Source: European Central Bank (ECB), information available free of charge on the ECB website. Data: B-NKER (b-nker.com), CC BY 4.0.
- European Central Bank, ECB reference rate, US dollars per euro, 2026-10-28Source: European Central Bank (ECB), information available free of charge on the ECB website. Data: B-NKER (b-nker.com), CC BY 4.0.
Every figure in this article is checked by code against the official source before publication. Editorial policy · Corrections log. Information, not investment advice.
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