# Draghi leaves Lagarde to heal rift at European Central Bank | Reuters

> Reuters reports that Mario Draghi is leaving Christine Lagarde to heal divisions at the European Central Bank after a public split over resuming government bond purchases. The ECB agreed last month to restart asset purchases to lift growth and inflation.

- Date: 2019-10-29 · published 2019-10-29T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/56784-draghi-leaves-lagarde-to-heal-rift-at-european-central-bank-reuters
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

ECB policy shifts mainly move the euro and European rates, with limited direct effect on feed grain or protein prices.

## Read by commodity

- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2024-09-12 | [European Central Bank cuts interest rates again and lowers growth forecasts](https://feedsoft.ai/events/28530-european-central-bank-cuts-interest-rates-again-and-lowers-growth-forecasts.md) | +0.9% | -0.6% |
| EURUSD | 2025-04-14 | ['Attentive' ECB can lean against euro rise \| Reuters](https://feedsoft.ai/events/25337-attentive-ecb-can-lean-against-euro-rise-reuters.md) | +0.6% | -0.5% |
| EURUSD | 2024-07-18 | [European Central Bank holds rates, says domestic price pressures high](https://feedsoft.ai/events/29484-european-central-bank-holds-rates-says-domestic-price-pressures-high.md) | -0.7% | +0.8% |
| EURUSD | 2024-07-26 | [How long can the Central Banks’ divergence last \| Amundi Research Center](https://feedsoft.ai/events/29488-how-long-can-the-central-banks-divergence-last-amundi-research-center.md) | -0.7% | +2.3% |
| EURUSD | 2024-07-18 | [ECB leaves rates unchanged, markets look to ECB's Lagarde for clues](https://feedsoft.ai/events/29482-ecb-leaves-rates-unchanged-markets-look-to-ecb-s-lagarde-for-clues.md) | -0.7% | +0.8% |

## Sources

- jp.reuters.com: https://jp.reuters.com/article/world/draghi-leaves-lagarde-to-heal-rift-at-european-central-bank-idUSKBN1X80I3/

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