# ECB's Lane: Euro depreciation will be important factor in shaping ECB projections

> ECB chief economist Philip Lane said euro depreciation will be an important factor in shaping the ECB's projections, following the day's inflation report. He did not push back on market expectations of a possible rate move in July.

- Date: 2022-04-29 · published 2022-04-29T12:00:00.000Z
- Category: macro · region Euro area · magnitude low
- Page: https://feedsoft.ai/events/42066-ecb-s-lane-euro-depreciation-will-be-important-factor-in-shaping-ecb-projections
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Signals of a weaker euro and a possible ECB hike support the dollar against the euro, which affects the relative cost of dollar-priced commodities for euro area buyers.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2024-04-26 | [The euro and depreciation – shake, shake it off \| Oxford Economics](https://feedsoft.ai/events/30945-the-euro-and-depreciation-shake-shake-it-off-oxford-economics.md) | -0.1% | +1.0% |
| EURUSD | 2018-06-14 | [ECB says its massive bond-buying program will likely end in December](https://feedsoft.ai/events/64727-ecb-says-its-massive-bond-buying-program-will-likely-end-in-december.md) | -1.6% | -0.8% |
| EURUSD | 2026-06-30 | [ECB’s Sleijpen: Energy price retreat will have an impact on inflation](https://feedsoft.ai/events/19031-ecb-s-sleijpen-energy-price-retreat-will-have-an-impact-on-inflation.md) | -0.0% | -0.2% |
| EURUSD | 2019-03-06 | [Will The ECB Crush The Euro? \| Investing.com](https://feedsoft.ai/events/60314-will-the-ecb-crush-the-euro-investing-com.md) | -0.2% | -1.0% |
| EURUSD | 2024-08-30 | [Euro zone bond yields drop as inflation data supports ECB easing hopes](https://feedsoft.ai/events/29012-euro-zone-bond-yields-drop-as-inflation-data-supports-ecb-easing-hopes.md) | 0.0% | +0.7% |

## Sources

- investinglive.com: https://investinglive.com/centralbank/ecbs-lane-euro-depreciation-will-be-important-factor-in-shaping-ecb-projections-20220429/

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