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ECB meets 28 October after its September rate rise

The ECB's Governing Council opens its October meeting on 28 October. It raised its three key interest rates by 25 basis points on 10 September.

The European Central Bank's Governing Council starts its October 2026 meeting on 28 October, according to the ECB's published meeting calendar. Its last monetary policy decision, on 10 September, raised the three key ECB interest rates by 25 basis points, as the ECB's monetary policy statement from that day said.

ECB meets 28 October after its September rate rise — central bank rate path diagram
A central bank's policy rate path across recent meetings

Key dates

  • Last decision: 10 September 2026, three key rates up by 25 basis points
  • Next meeting: 28 October 2026, the first day of the session
ECB meets 28 October after its September rate rise — trading sessions clock diagram
The four forex trading sessions across a 24-hour day

The rate decision is the main news from the meeting, and the ECB publishes its statement with it. The September statement is the reference point for October, so comparing its wording on inflation with the new statement shows how the outlook has moved.

ECB meets 28 October after its September rate rise — pip movement diagram
How a pip moves the exchange rate

Reading it

Interest-rate expectations link euro area inflation to the euro. When the ECB changes its rates or its guidance, the exchange rate can respond. For how that works, see how inflation moves currencies. For the euro area survey published on 23 October, see the euro area flash PMI. For inflation in September, see euro area inflation for September. Live prices: EUR/USD.

Sources

  1. European Central Bank: Monetary policy statement, 10 September 2026
  2. European Central Bank: Monetary policy meeting calendar

Common questions

When does the ECB meet in October 2026?

The ECB's calendar lists 28 October 2026 as the first day of the monetary policy meeting.

What did the ECB decide in September 2026?

On 10 September 2026, the Governing Council decided to raise the three key ECB interest rates by 25 basis points.

This article is for information only and is not financial advice. Trading forex and CFDs carries a high risk of losing money. Read the risk warning. Spotted an error? Tell the editors.

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