ECB Special Strategy Meeting

European Central Bank policymakers will hold a special meeting in Frankfurt in a bid to wrap up the institution’s strategy review. The gathering is expected to put the finishing touches on a new definition of price stability. The discussion, while not a formal monetary policy meeting, may also shape the ECB’s plans for when and how to exit the emergency measures it deployed during the pandemic. Its 1.85 trillion-euro ($2.19 trillion) bond-buying program is set to run at least until March 2022.