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ECB hawks were easily outnumbered and debate was not heated - Reuters

Citing two sources familiar with the matter, "a minority of European Central Bank policymakers meeting on Thursday wanted to signal that the ECB may change its easy-money pledge if euro zone inflation keeps accelerating," Reuters reported.

Key quotes from the sources

But these 'hawks' were outnumbered as most rate setters opted to simply repeat the ECB's plan to keep buying bonds at least until September and to keep rates at rock-bottom well after that.

Some people wanted to say that if inflation continues to increase, we will be forced to change the forward guidance perhaps.

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