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Three sources close to the ECB say policymakers agreed at a retreat on side issues such as factoring environmental considerations into policy and adding owner-occupied housing costs to the inflation measure. The policymakers remain at odds on the broader inflation strategy, with hopes for a deal in September.
A shift in how the ECB measures inflation or sets policy could affect euro expectations and rate outlooks, which feed into dollar-denominated commodity prices and import costs for feed buyers.
reuters.comFrancesco CanepaJun 22, 2021After 129 past neutral macro events, Euro (USD per EUR) moved a median -0.1% over 5 sessions (45% higher; middle half -0.5% to +0.5%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
