# EXCLUSIVE ECB policymakers at odds on inflation strategy, hope for Sept deal -sources

> 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.

- Date: 2021-06-22 · published 2021-06-22T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/46805-exclusive-ecb-policymakers-at-odds-on-inflation-strategy-hope-for-sept-deal
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

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.

## Read by commodity

- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2025-11-21 | [ECB’s Lagarde: Remains open to adjusting monetary policy if inflation deviates](https://feedsoft.ai/events/22151-ecb-s-lagarde-remains-open-to-adjusting-monetary-policy-if-inflation-deviates.md) | +0.6% | +1.6% |
| EURUSD | 2017-04-27 | [ECB sticks with  policy despite inflation shortfall – The Irish Times](https://feedsoft.ai/events/71694-ecb-sticks-with-policy-despite-inflation-shortfall-the-irish-times.md) | +0.4% | +2.8% |
| EURUSD | 2025-07-01 | [ECB policymakers set pain threshold for euro rise in weak economy \| Reuters](https://feedsoft.ai/events/23984-ecb-policymakers-set-pain-threshold-for-euro-rise-in-weak-economy-reuters.md) | -0.5% | -2.0% |
| EURUSD | 2024-09-12 | [ECB dents traders' hopes for October rate cut](https://feedsoft.ai/events/28527-ecb-dents-traders-hopes-for-october-rate-cut.md) | +0.9% | -0.6% |
| EURUSD | 2026-02-26 | [EUR/USD steady as ECB eyes inflation target, German CPI in focus](https://feedsoft.ai/events/20805-eur-usd-steady-as-ecb-eyes-inflation-target-german-cpi-in-focus.md) | -1.4% | -2.0% |

## Sources

- reuters.com: https://www.reuters.com/business/exclusive-ecb-policymakers-odds-inflation-strategy-hope-sept-deal-sources-2021-06-22/

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