Some ECB Officials Prefer June for Next Policy Shift
- Others favor series of small tweaks in language starting March
- No decision on adjusting forward guidance has been taken
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As the European Central Bank considers when to start signaling the end of its crisis-era stimulus, some officials prefer delaying any significant change in language until June, according to people familiar with the matter.
While one faction of the Governing Council wants to start a series of small tweaks in their policy wording at the next meeting on March 8 -- setting them on the path to winding down their bond-buying program -- others prefer to gather more evidence that inflation will pick up, said the people, asking not to be identified because the debate was private. No decision has been taken, the people said.