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Draghi and Constâncio presented the ECB's 27 April 2017 policy decision, keeping key rates unchanged and net asset purchases at 60 billion euros monthly. The statement described the cyclical recovery as increasingly solid while underlying inflation remained subdued.
Policy that remains accommodative supports euro-area economic activity and livestock and feed demand, while currency effects shape import costs for dollar-priced commodities.
bis.orgMario DraghiApr 28, 2017After 129 past neutral macro events, Euro (USD per EUR) moved a median -0.1% over 5 sessions (45% higher; middle half -0.5% to +0.5%), and +0.1% 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.
