InterestRateDecision ECB in 12h 32m
  1. Home
  2. ECB
  3. December 2025

ECB Interest Rate Decision, December 2025

The European Central Bank held the deposit facility rate at 2.00% on December 18, 2025, as expected.

Decision2.00%■ hold
Against expectedAs expectedexpected 2.00%
Previous2.00%deposit facility rate
EUR/USD one hour later +18 pips from the last price before
The result

What the ECB decided in December 2025

The move Hold Held at 2.00%.
Against expected No surprise Economists expected: hold at 2.00%. The decision was as expected.
Main refinancing rate 2.15% The ECB's other policy rate, set above the deposit facility rate.
Timing 2:15 PM Frankfurt Thursday, December 18, 2025; press conference at 2:45 PM Frankfurt.
What price did

EUR/USD after the ECB decision, minute by minute

One-minute candles, Frankfurt time. The box is the hour before the announcement. How we measure.

EUR/USD one-minute chart around the European Central Bank decision of Dec 18, 2025 The hour before the 14:15 announcement ranged 12 pips. The first spike went above it by 39 pips, and did not close back inside within the hour. 1.171 1.172 1.173 1.174 1.175 1.176 13:30 14:00 14:30 15:00 15:30 16:00 THE HOUR BEFORE ECB 14:15 PRESS CONF. Spike 1.17627 · 39 pips past the hour's high
  1. The hour beforeEUR/USD ranged 12 pips, from 1.17123 to 1.17239, and was at 1.17233 at the announcement.
  2. The first spike After 0 minutes price went through the hour's high and ran 39 pips past it.
  3. The close back No five-minute candle closed back inside the range within the hour: the first move held.
  4. The other side Not measured: it needs a close back first.
  5. The moves From the last price before the announcement: +5.1 pips at 15 minutes, +18 pips at one hour, −3.4 pips at four hours.
For context

Across 14 measured ECB decisions since January 2025, the first spike closed back inside the hour-before range within 60 minutes in 10 (71%), and in 6 of those price then took the other side within four hours. In the other 4 the first move held. Median move in the first 15 minutes: 15 pips.

This decision is one where the first move held. Counts include the decisions where it did not close back. All ECB dates · ECB overview.

← Previous decisionECB, October 2025Held at 2.00% Next decision →ECB, February 2026Thu, Feb 5, 2:15 PM Frankfurt
Questions

ECB December 2025 decision: questions

What time was the ECB interest rate decision on Dec 18, 2025?

It was announced at 2:15 PM Frankfurt (8:15 AM EST New York, 1:15 PM London London), with the press conference at 2:45 PM Frankfurt.

What did the ECB decide in December 2025?

Held at 2.00% (previous 2.00%). Economists expected: hold at 2.00%, so the decision was as expected.

How did EUR/USD react to the ECB decision in December 2025?

On one-minute candles: the hour before ranged 12 pips; the first spike went above it by 39 pips; it did not close back inside within the hour; after one hour EUR/USD was +18 pips from its pre-announcement price.

By Forexia

Learn the read behind every projection.

Forexia teaches the same read this site measures: where the stops rest before a release, the hunt, and the close back that says it is done. Courses, live signals for members, and a community of traders who chart the same way.

Explore Forexia Free Telegram channel