# Introductory statement to the press conference (with Q&A)

> The ECB kept its key interest rates unchanged at its 26 July 2018 meeting. It said rates would stay at current levels at least through summer 2019 and continued its asset purchases at €30 billion per month until September, then halving to €15 billion until December.

- Date: 2018-07-26 · published 2018-07-26T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/64238-introductory-statement-to-the-press-conference-with-q-and-a
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Steady euro-area rates and a gradual taper keep the euro supported relative to a Fed tightening path, which affects USD-denominated grain and oilseed prices and import costs for feed buyers in Europe.

## Read by commodity

- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2019-06-06 | [Introductory statement to the press conference (with Q&A)](https://feedsoft.ai/events/58807-introductory-statement-to-the-press-conference-with-q-and-a.md) | +0.6% | +0.3% |
| EURUSD | 2021-01-21 | [Introductory statement to the press conference (with Q&A)](https://feedsoft.ai/events/49377-introductory-statement-to-the-press-conference-with-q-and-a.md) | -0.2% | -0.4% |
| EURUSD | 2021-06-10 | [Introductory statement to the press conference (with Q&A)](https://feedsoft.ai/events/46806-introductory-statement-to-the-press-conference-with-q-and-a.md) | -0.5% | -2.8% |
| EURUSD | 2020-09-10 | [Christine Lagarde: ECB press conference - introductory statement](https://feedsoft.ai/events/51333-christine-lagarde-ecb-press-conference-introductory-statement.md) | +0.2% | -0.4% |
| EURUSD | 2017-04-28 | [ECB press conference - introductory statement \| Bank for International Settlements](https://feedsoft.ai/events/71693-ecb-press-conference-introductory-statement-bank-for-international-settlements.md) | +0.9% | +3.3% |

## Sources

- ecb.europa.eu: https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/2018/html/ecb.is180726.en.html

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