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Rate Gap Monitor · Timeline

Every ECB decision, and how Irish banks responded

Each ECB rate decision since the hiking cycle began, paired with the Irish business deposit rate in the same month and three months on. One anchor per decision - link straight to the one you need.

Updated 2026-06-10 · Back to the gap chart

The Irish deposit-rate response columns fill in once the ECB MIR series lands from the first automated ingest. The ECB decisions themselves are already tracked below.

  1. 2025-06-11

    -25 bps → 2.00%

    June 2025: ECB cut the deposit facility rate to 2.00%

    Irish deposit-rate response pending data ingest.

  2. 2025-04-23

    -25 bps → 2.25%

    April 2025: ECB cut the deposit facility rate to 2.25%

    Irish deposit-rate response pending data ingest.

  3. 2025-03-12

    -25 bps → 2.50%

    March 2025: ECB cut the deposit facility rate to 2.50%

    Irish deposit-rate response pending data ingest.

  4. 2025-02-05

    -25 bps → 2.75%

    February 2025: ECB cut the deposit facility rate to 2.75%

    Irish deposit-rate response pending data ingest.

  5. 2024-12-18

    -25 bps → 3.00%

    December 2024: ECB cut the deposit facility rate to 3.00%

    Irish deposit-rate response pending data ingest.

  6. 2024-10-23

    -25 bps → 3.25%

    October 2024: ECB cut the deposit facility rate to 3.25%

    Irish deposit-rate response pending data ingest.

  7. 2024-09-18

    -25 bps → 3.50%

    September 2024: ECB cut the deposit facility rate to 3.50%

    Irish deposit-rate response pending data ingest.

  8. 2024-06-12

    -25 bps → 3.75%

    June 2024: ECB cut the deposit facility rate to 3.75%

    Irish deposit-rate response pending data ingest.

  9. 2023-09-20

    + 25 bps → 4.00%

    September 2023: ECB raised the deposit facility rate to 4.00%

    Irish deposit-rate response pending data ingest.

  10. 2023-08-02

    + 25 bps → 3.75%

    August 2023: ECB raised the deposit facility rate to 3.75%

    Irish deposit-rate response pending data ingest.

  11. 2023-06-21

    + 25 bps → 3.50%

    June 2023: ECB raised the deposit facility rate to 3.50%

    Irish deposit-rate response pending data ingest.

  12. 2023-05-10

    + 25 bps → 3.25%

    May 2023: ECB raised the deposit facility rate to 3.25%

    Irish deposit-rate response pending data ingest.

  13. 2023-03-22

    + 50 bps → 3.00%

    March 2023: ECB raised the deposit facility rate to 3.00%

    Irish deposit-rate response pending data ingest.

  14. 2023-02-08

    + 50 bps → 2.50%

    February 2023: ECB raised the deposit facility rate to 2.50%

    Irish deposit-rate response pending data ingest.

  15. 2022-12-21

    + 50 bps → 2.00%

    December 2022: ECB raised the deposit facility rate to 2.00%

    Irish deposit-rate response pending data ingest.

  16. 2022-11-02

    + 75 bps → 1.50%

    November 2022: ECB raised the deposit facility rate to 1.50%

    Irish deposit-rate response pending data ingest.

  17. 2022-09-14

    + 75 bps → 0.75%

    September 2022: ECB raised the deposit facility rate to 0.75%

    Irish deposit-rate response pending data ingest.

  18. 2022-07-27

    + 50 bps → 0.00%

    July 2022: ECB raised the deposit facility rate to 0.00%

    Irish deposit-rate response pending data ingest.