European Central Bank (ECB) policymakers will hold a three-day meeting that will start on June 18 in Frankfurt to discuss the strategy review, Reuters reported on Wednesday, citing three sources with knowledge of the matter.
“The review, started last year but suspended for much of 2020, will redefine the bank’s inflation target and could define new roles for the ECB in fostering equality and fighting climate change,” Reuters explained.
Market reaction
The EUR/USD pair showed no immediate reaction to this headline and was last seen gaining 0.18% on a daily basis at 1.2193.
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