# ECB coronavirus stimulus expected to continue as inflation remains low

> Analysts expect the ECB to keep buying government bonds beyond June 2021 after it expanded its pandemic programme to 1.35 trillion euros. The ECB also cut its inflation forecasts through 2022. UniCredit said emergency purchases will continue for a long time.

- Date: 2020-06-05 · published 2020-06-05T12:00:00.000Z
- Category: macro · region Euro area · magnitude low
- Page: https://feedsoft.ai/events/52844-ecb-coronavirus-stimulus-expected-to-continue-as-inflation-remains-low
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Expectations of prolonged ECB bond buying keep euro rates low and point to continued pressure on the euro, which is a currency-level factor for dollar-priced commodities.

## 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 | 2020-03-19 | [ECB to print 1 trillion euro this year to stem coronavirus rout](https://feedsoft.ai/events/54324-ecb-to-print-1-trillion-euro-this-year-to-stem-coronavirus-rout.md) | +0.0% | +0.7% |
| EURUSD | 2025-06-16 | [ECB relaxed about euro strength, risk of too low inflation, de Guindos says](https://feedsoft.ai/events/24434-ecb-relaxed-about-euro-strength-risk-of-too-low-inflation-de-guindos-says.md) | -0.2% | +0.5% |
| 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% |
| EURUSD | 2025-10-31 | [Eurozone inflation slows to 2.1%, yet Lagarde stays cautious \| Euronews](https://feedsoft.ai/events/22628-eurozone-inflation-slows-to-2-1-yet-lagarde-stays-cautious-euronews.md) | -0.2% | +0.5% |

## Sources

- cnbc.com: https://www.cnbc.com/2020/06/05/ecb-coronavirus-stimulus-expected-to-continue-as-inflation-remains-low.html

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