The decision in brief
The policy rate is left unchanged at 1.75 per cent.
The measured rate of inflation is still low, but there is a risk that underlying inflation will become too high in the wake of the supply shocks.
Sentiment in the economy has improved significantly, but unemployment is still high.
Policy rate
1.75%
Applies from 26 August 2026
Decision documentation
- Press release 20 August 2026: Policy rate unchanged at 1.75 per cent
- Monetary Policy Update August 2026
- Monetary Policy Decision August 2026, Policy rate decision
- Numerical data, Monetary Policy Update August 2026
- Slides from the press conference 20 August 2026
- Voting by the Executive Board on interest rate decisions
Next monetary policy decision
The next monetary policy meeting will take place on 23 September 2026 and information on the monetary policy decision, including the policy rate, will be communicated the day after, 24 September 2026.
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