Loading…
ECB President Christine Lagarde said euro-area activity had resumed after bottoming in April, but remained well below pre-pandemic levels with a highly uncertain outlook. Job and income losses continue to weigh on spending and investment.
Headline inflation is being held down by lower energy prices, and price pressures are expected to stay subdued.
Subdued euro-area inflation and an accommodative ECB stance point to continued weakness in demand for consumer goods, with limited direct impact on feed prices.
ecb.europa.euEuropean Central BankJul 16, 2020After 1,108 past macro events, Euro (USD per EUR) moved a median -0.1% over 5 sessions (46% higher; middle half -0.7% to +0.6%), and -0.3% 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.
