# ECB sticks with  policy despite inflation shortfall – The Irish Times

> The ECB left its policy stance unchanged on 27 April 2017 as inflation undershot target, while Draghi described the euro zone economy as on its best run since the financial crisis. The bank kept its bias toward further easing, contrary to German calls for reduced stimulus.

- Date: 2017-04-27 · published 2017-04-27T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/71694-ecb-sticks-with-policy-despite-inflation-shortfall-the-irish-times
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A continued easing bias keeps the euro comparatively weak, which supports euro-zone demand for dollar-priced feed imports and affects European feed costs.

## Read by commodity

- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2017-07-20 | [ECB sticks to easy money pledge despite better growth – The Irish Times](https://feedsoft.ai/events/70189-ecb-sticks-to-easy-money-pledge-despite-better-growth-the-irish-times.md) | +1.0% | +1.6% |
| 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 | 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 | 2021-06-22 | [EXCLUSIVE ECB policymakers at odds on inflation strategy, hope for Sept deal -sources](https://feedsoft.ai/events/46805-exclusive-ecb-policymakers-at-odds-on-inflation-strategy-hope-for-sept-deal.md) | +0.2% | -1.1% |
| EURUSD | 2025-06-16 | [ECB relaxed about euro strength, risk of too low inflation, de Guindos says](https://feedsoft.ai/events/24434-ecb-relaxed-about-euro-strength-risk-of-too-low-inflation-de-guindos-says.md) | -0.2% | +0.5% |

## Sources

- irishtimes.com: https://www.irishtimes.com/business/economy/ecb-sticks-with-policy-despite-inflation-shortfall-1.3063564

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