ECB Is Said to See Scope to Wait for July to Signal End of QE
- Policy makers want time to judge if economic slowdown persists
- Governing Council has had no talks on interest-rate strategies
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European Central Bank policy makers see scope to wait until their July meeting to announce how they’ll end their bond-buying program, according to euro-area officials familiar with the matter.
Governing Council members want sufficient time to judge if the economy is overcoming its first-quarter slowdown, the officials said, asking not to be identified because the internal deliberations are confidential. That could mean the June meeting, which would have the advantage of linking the decision to updated economic forecasts, might be too soon.