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ECB President Mario Draghi said the Governing Council kept key interest rates unchanged and expects them to stay at current levels at least through the end of 2019. The bank also said it would keep reinvesting maturing bond principal and outlined a new series of TLTRO-III operations.
Officials remained ready to adjust policy tools if inflation stays below target.
Extended ECB easing guidance keeps the euro under pressure against the dollar, which can indirectly weigh on dollar-denominated commodity prices.
ecb.europa.euEuropean Central BankApr 10, 2019After 12 past policy events, Euro (USD per EUR) moved a median +0.3% over 5 sessions (75% higher; middle half -0.1% to +1.0%), and +0.7% 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.
