Until a week ago, next week’s ECB meeting was set to be a non-event; an intermediate meeting to bridge the time until the 9 September meeting. However, with the release of the ECB’s strategy review last week, any ECB watcher hoping for early summer vacation had to change their plans. Next week’s meeting suddenly has become very interesting as it should bring more clarity around how the ECB wants to implement its new strategy. New strategy - new questions Remember, the new strategy has set the inflation target from ‘below, but close to 2%’ to ‘2%’ with a commitment to symmetry, meaning that ‘the Governing Council ... (full story)