| Source | |
| Usual Effect | More hawkish than expected is good for currency; |
| Frequency | Scheduled 8 times per year; |
| Next Release | |
| FF Notes | The ECB usually changes the statement slightly at each release. It's these changes that traders focus on. Source first released in Mar 2016; |
Why Traders
Care | It's the primary tool the ECB uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions; |
| Also Called | Interest Rate Statement; |
| Acro Expand | European Central Bank (ECB); |
