As a European-based forex trader or investor, you must have heard about the famous European Central Bank meeting. In case you are not in the know, this article has got you covered. In this post, we will talk about how the ECB meeting affects traders and the upcoming ECB Meeting Schedule in 2025.
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What Is ECB And Why Does It Matter?
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The ECB is responsible for administering the monetary policy of the Eurozone. ECB consists of 19 EU member states. According to the Treaty on the Functioning of the European Union, the primary function of the ECB is to maintain price stability across the Euro area by holding monetary policy meetings every six weeks. official website
The council’s decisions are always announced via press release at 1.45 pm CET on the day of the meeting, followed by an ECB press conference at 2.30 pm CET.
How Does The ECB Meeting Affect Traders?
The meeting of the governing council of the ECB is an important date for traders as the council set the official interest rates for the Eurozone. It is incumbent on the National Central Banks of the member state to adopt these interest rates when transacting with commercial banks. The following are the 3 key rates:
- The marginal lending rate: This is the rate for overnight loans
- The deposit rate: This is the rate usually paid on deposits held with NCBs
- The minimum bid rate: This is the rate payable for one-week loans.
In addition to the above rates, the governing council can also inject money directly into the economy when required to help boost spending.
It is not uncommon for investors and traders to become concerned about the impact of the ECB’s policy on currencies, bonds, stocks, as well as other securities. The policy usually affects their trading strategies and propels them to predict the outcome of each policy meeting. If they predict rightly, their portfolios would be optimized.
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ECB Meeting Schedule 2025
Month | Date | Financial Event |
21 | ECB monetary policy meeting | |
07 | ECB monetary policy meeting | |
April | 18 | ECB monetary policy meeting |
June | 06 | ECB monetary policy meeting |
July | 16 | ECB monetary policy meeting |
September | 12 | ECB monetary policy meeting |
October | 24 | ECB monetary policy meeting |
December | 12 | ECB monetary policy meeting |
Other Meetings To Look Out For In 2025
Dates | Events |
21/02/2024 | Governing Council of the ECB: non-monetary policy meeting in Frankfurt |
07/03/2024 | Governing Council of the ECB: monetary policy meeting in Frankfurt |
07/03/2024 | Press conference following the Governing Council meeting of the ECB in Frankfurt |
21/03/2024 | General Council meeting of the ECB (virtual) |
11/04/2024 | Governing Council of the ECB: monetary policy meeting in Frankfurt |
11/04/2024 | Press conference following the Governing Council meeting of the ECB in Frankfurt |
08/05/2024 | Governing Council of the ECB: non-monetary policy meeting (virtual) |
22/05/2024 | Governing Council of the ECB: non-monetary policy meeting hosted by the Central Bank of Ireland |
06/06/2024 | Governing Council of the ECB: monetary policy meeting in Frankfurt |
06/06/2024 | Press conference following the Governing Council meeting of the ECB in Frankfurt |
19/06/2024 | Governing Council of the ECB: non-monetary policy meeting (virtual) |
20/06/2024 | General Council meeting of the ECB (virtual) |
01/07/2024 | Governing Council of the ECB: non-monetary policy meeting (virtual) |
18/07/2024 | Governing Council of the ECB: monetary policy meeting in Frankfurt |
18/07/2024 | Press conference following the Governing Council meeting of the ECB in Frankfurt |
12/09/2024 | Governing Council of the ECB: monetary policy meeting in Frankfurt |
12/09/2024 | Press conference following the Governing Council meeting of the ECB in Frankfurt |
25/09/2024 | Governing Council of the ECB: non-monetary policy meeting (virtual) |
26/09/2024 | General Council meeting of the ECB (virtual) |
17/10/2024 | Governing Council of the ECB: monetary policy meeting hosted by Banka Slovenije |
17/10/2024 | Press conference following the Governing Council meeting of the ECB hosted by Banka Slovenije |
13/11/2024 | Governing Council of the ECB: non-monetary policy meeting (virtual) |
27/11/2024 | Governing Council of the ECB: non-monetary policy meeting (virtual) |
28/11/2024 | General Council meeting of the ECB: hybrid format (both virtual and in Frankfurt) |
12/12/2024 | Governing Council of the ECB: monetary policy meeting in Frankfurt |
12/12/2024 | Press conference following the Governing Council meeting of the ECB in Frankfurt |
It is very crucial to pay proper attention to the ECB Meeting Schedule and take propere of it. This helps to anticipate the possible market direction and taking steps accordingly.
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