# ECB sticks to easy money pledge despite better growth – The Irish Times

> The ECB left its policy rates and €60 billion monthly bond purchases unchanged, as expected by most analysts in a Reuters poll. The euro zone economy has grown for 17 straight quarters, and the bank kept the option to expand stimulus if the outlook worsens.

- Date: 2017-07-20 · published 2017-07-20T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/70189-ecb-sticks-to-easy-money-pledge-despite-better-growth-the-irish-times
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Slow, gradual tightening signals a limited near-term change in the euro's dollar value, so the impact on EUR-linked feed import costs is modest.

## Read by commodity

- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2017-04-27 | [ECB sticks with  policy despite inflation shortfall – The Irish Times](https://feedsoft.ai/events/71694-ecb-sticks-with-policy-despite-inflation-shortfall-the-irish-times.md) | +0.4% | +2.8% |
| EURUSD | 2021-01-28 | [ECB despot rate cut isn't the way to counter Euro strength – IIF — Octa](https://feedsoft.ai/events/49381-ecb-despot-rate-cut-isn-t-the-way-to-counter-euro-strength-iif-octa.md) | -0.6% | +1.1% |
| EURUSD | 2025-09-11 | [Traders raise bets that the ECB is done cutting rates \| Reuters](https://feedsoft.ai/events/23093-traders-raise-bets-that-the-ecb-is-done-cutting-rates-reuters.md) | +1.1% | -0.9% |
| 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 | 2026-04-30 | [Traders temper euro zone rate hike bets as ECB grapples with Iran war impact \| MarketScreener](https://feedsoft.ai/events/19944-traders-temper-euro-zone-rate-hike-bets-as-ecb-grapples-with-iran-war-impact.md) | +0.5% | -0.4% |

## Sources

- irishtimes.com: https://www.irishtimes.com/business/economy/ecb-sticks-to-easy-money-pledge-despite-better-growth-1.3161359

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