# Economic Bulletin Issue 8, 2017

> The ECB's December 2017 Economic Bulletin reports that the Governing Council judged monetary accommodation still necessary after a strong euro-area expansion. Growth was described as solid and broad-based, while domestic price pressures remained muted.

- Date: 2017-12-28 · published 2017-12-28T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/67681-economic-bulletin-issue-8-2017
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Ongoing ECB stimulus and a strong euro-area economy shape the euro's path against the dollar, which in turn affects the USD value of euro-linked feed trade. The impact on grain and feed prices is indirect.

## Read by commodity

- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2019-06-20 | [Economic Bulletin Issue 4, 2019](https://feedsoft.ai/events/58805-economic-bulletin-issue-4-2019.md) | +1.6% | +0.1% |
| EURUSD | 2026-02-05 | [ECB holds rates but it's not a 'non-event,' economists say. Here's why](https://feedsoft.ai/events/20807-ecb-holds-rates-but-it-s-not-a-non-event-economists-say-here-s-why.md) | +0.7% | -1.8% |
| EURUSD | 2024-12-10 | [Euro-dollar has hit the floor, but don't expect a bounce \| Oxford Economics](https://feedsoft.ai/events/27177-euro-dollar-has-hit-the-floor-but-don-t-expect-a-bounce-oxford-economics.md) | -0.5% | -2.4% |
| EURUSD | 2022-08-26 | [fed: Dollar volatile after Fed's Powell comments on inflation - The Economic Times](https://feedsoft.ai/events/39943-fed-dollar-volatile-after-fed-s-powell-comments-on-inflation-the-economic-times.md) | -0.1% | -2.4% |
| EURUSD | 2024-04-19 | [Will worries about the euro stop the ECB from cutting? \| Capital Economics](https://feedsoft.ai/events/30943-will-worries-about-the-euro-stop-the-ecb-from-cutting-capital-economics.md) | +0.6% | +2.0% |

## Sources

- ecb.europa.eu: https://www.ecb.europa.eu/press/economic-bulletin/html/eb201708.en.html

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