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ECB Decision in February 2027?

Chart

Hike ≥50 Bps—
Hike 25 Bps—
No Change—
Cut 25 Bps—
Oct 12Oct 20Oct 27Nov 4Nov 11
100%75%50%25%0%

Outcomes

Hike ≥50 Bps
0%—
Hike 25 Bps
0%—
No Change
0%—
Cut 25 Bps
0%—
Cut ≥50 Bps
0%—

Rules

The outcome is decided by the deposit facility rate decision that the European Central Bank (ECB) publishes in its monetary policy decisions press release after the Governing Council meeting in February 2027, where the rate is listed under Key ECB interest rates as the interest rate on the deposit facility, typically at 2:15 PM Central European Time (7:15 AM CT, or 8:15 AM CT when CT and CET are offset by daylight saving time). The change is measured in basis points against the rate in effect immediately before that announcement, and a decision that leaves the rate unchanged counts as no change. The outcome is Yes if the change matches the move specified in the market question, such as a hike of at least a given size, no change, or a cut, and No otherwise. The outcome is final when the decision is published, early resolution does not apply, and if the release is delayed, resolution waits until it is published.

About

The deposit facility rate is a policy interest rate that the European Central Bank (ECB) sets for the euro area. The measure is the decision the ECB announces on the deposit facility rate at its Governing Council monetary policy meeting in February 2027, expressed as the direction and size of any change from the level in effect just before it.

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