# Economic Bulletin Issue 4, 2017

> The ECB's June 2017 Economic Bulletin says the euro-area economy is growing faster than expected and deflation risks have largely vanished. The bank dropped its reference to lower rates from forward guidance, but says underlying inflation remains subdued and monetary accommodation stays appropriate.

- Date: 2017-06-22 · published 2017-06-22T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/70718-economic-bulletin-issue-4-2017
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A firmer euro-area outlook and a slower path to easy money can support the euro against the dollar, a factor for dollar-priced feed commodity trade.

## Read by commodity

- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2026-04-10 | [Dollar Slips on Weaker-Than-Expected US Economic News](https://feedsoft.ai/events/11162-dollar-slips-on-weaker-than-expected-us-economic-news.md) | +0.7% | +0.5% |
| EURUSD | 2024-10-30 | [Eurozone economy shows slight lift as Germany and France top forecasts \| Euronews](https://feedsoft.ai/events/28075-eurozone-economy-shows-slight-lift-as-germany-and-france-top-forecasts-euronews.md) | +1.1% | -2.1% |
| EURUSD | 2025-04-30 | [Euro zone GDP Q1 2025](https://feedsoft.ai/events/25340-euro-zone-gdp-q1-2025.md) | -0.4% | -1.0% |
| EURUSD | 2023-03-01 | [Euro-Zone Core Inflation at Record Set to Embolden ECB Hawks](https://feedsoft.ai/events/37540-euro-zone-core-inflation-at-record-set-to-embolden-ecb-hawks.md) | -0.3% | +2.3% |
| EURUSD | 2026-07-31 | [Euro zone inflation ticks up in July, bolstering rate hike case](https://feedsoft.ai/events/7688-euro-zone-inflation-ticks-up-in-july-bolstering-rate-hike-case.md) | -0.0% | +1.1% |

## Sources

- ecb.europa.eu: https://www.ecb.europa.eu/press/economic-bulletin/html/eb201704.en.html

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