While politicians in Northern Ireland reflected on Tuesday on the benefits of peace, farther south, the European Central Bank was facing separate pacification issues as it prepared for its meeting in Dublin on Wednesday.

Foremost in ECB officials’ minds will be the challenge of keeping the eurozone’s economy on a stable path, with inflation in check and without foreign exchange shocks. As they gather for one of their two meetings a year outside Frankfurt, the euro is already near an all-time high against the dollar.