This could mark a turning point in how it carries out its mandate. How have the initial discussions been? The January meeting focused on the overall approach of the review, which has various parts. The first is the definition of price stability, which has changed over time. This will open up a debate.
The second, and in my opinion the most important, is the effectiveness of the different monetary policy instruments. In other words, how effective they are in enabling us to fulfil our mandate and what side effects they can have. The third part includes other objectives, like financial stability, and issues like climate change.