# VIEW ECB confirms plans to roll back stimulus; yields fall

> The European Central Bank confirmed it will end its asset purchase stimulus programme in the third quarter but gave no further schedule details, citing uncertainty from the war in Ukraine and the inflation outlook. Euro zone bond yields fell after the statement, with German two-year yields down more than 10 bps, and the euro slipped 0.8%.

- Date: 2022-04-14 · published 2022-04-14T12:00:00.000Z
- Category: macro · region Euro area · magnitude low
- Page: https://feedsoft.ai/events/42062-view-ecb-confirms-plans-to-roll-back-stimulus-yields-fall
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A confirmed path toward ECB tightening supports the euro and weighs on the dollar, which affects the cost of dollar-priced feed imports for euro area buyers. The effect on grain and oilseed prices is indirect.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2017-10-26 | [Euro drops after ECB trims stimulus; Treasury yields higher](https://feedsoft.ai/events/68670-euro-drops-after-ecb-trims-stimulus-treasury-yields-higher.md) | -1.6% | +1.1% |
| EURUSD | 2022-03-10 | [Euro zone bond yields soar as ECB presses on with stimulus exit \| Reuters](https://feedsoft.ai/events/42466-euro-zone-bond-yields-soar-as-ecb-presses-on-with-stimulus-exit-reuters.md) | -0.7% | -1.4% |
| EURUSD | 2018-06-14 | [ECB to end crisis-era stimulus programme in December](https://feedsoft.ai/events/64729-ecb-to-end-crisis-era-stimulus-programme-in-december.md) | -1.6% | -0.8% |
| EURUSD | 2020-12-10 | [ECB boosts economic stimulus package as Covid-19 hits recovery – The Irish Times](https://feedsoft.ai/events/49857-ecb-boosts-economic-stimulus-package-as-covid-19-hits-recovery-the-irish-times.md) | +0.8% | +0.7% |
| EURUSD | 2023-09-14 | [ECB seals euro's fate; parity back in play?](https://feedsoft.ai/events/34314-ecb-seals-euro-s-fate-parity-back-in-play.md) | -0.2% | -1.7% |

## Sources

- reuters.com: https://www.reuters.com/business/finance/view-ecb-confirms-plans-roll-back-stimulus-yields-dip-2022-04-14/

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