Bank of New York Mellon chief economist Shamik Dhar said it is expected that the ECB's meeting on Thursday will resolve its inflation target issue. Investors will wait and see if the inflation target changes, or whether new measures of inflation will be put on the agenda for the new year. Basic market pricing The ECB will keep its quantitative easing policy unchanged. Unless the ECB suggests that this policy will change, major market fluctuations are not expected.