# Economic Bulletin Issue 2, 2020

> The ECB Governing Council announced a package of monetary policy measures at its 12 March meeting to support liquidity and credit. The bulletin says the coronavirus is a major shock that will significantly slow euro area activity and that growth risks are clearly on the downside.

- Date: 2020-03-26 · published 2020-03-26T12:00:00.000Z
- Category: report · region Euro Area · magnitude medium
- Page: https://feedsoft.ai/events/11351-economic-bulletin-issue-2-2020
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Weaker euro area growth expectations reduce demand for feed and livestock output in Europe. Supportive ECB measures limit the downside to euro financing conditions.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2019-03-21 | [Economic Bulletin Issue 2, 2019](https://feedsoft.ai/events/60316-economic-bulletin-issue-2-2019.md) | -0.9% | -0.5% |
| EURUSD | 2021-06-24 | [Economic Bulletin Issue 4, 2021](https://feedsoft.ai/events/46807-economic-bulletin-issue-4-2021.md) | -0.9% | -1.5% |
| EURUSD | 2021-05-06 | [Economic Bulletin Issue 3, 2021](https://feedsoft.ai/events/47296-economic-bulletin-issue-3-2021.md) | +0.6% | +1.0% |
| EURUSD | 2017-06-22 | [Economic Bulletin Issue 4, 2017](https://feedsoft.ai/events/70718-economic-bulletin-issue-4-2017.md) | +2.0% | +4.4% |
| EURUSD | 2024-04-01 | [ECB staff macroeconomic projections for the euro area, March 2024](https://feedsoft.ai/events/31425-ecb-staff-macroeconomic-projections-for-the-euro-area-march-2024.md) | +0.5% | -1.0% |

## Sources

- ecb.europa.eu: https://www.ecb.europa.eu/press/economic-bulletin/html/eb202002.en.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.