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

Eren Sengezer FXStreet

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.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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