Citing three sources familiar with the matter, Reuters recently reported that the ECB policymakers were split over the wording of stimulus end the possible timing of a rate hike.
According to Reuters, some policymakers wanted to keep the door more open to possibly extending of asset purchases while other wanted to signal a rate hike in mid-2019. “Some people alluded to the 2011 rate hike, expressing worries about moving too quickly,” one of the sources added.
The ECB hasn’t published any comments on the report.
As of writing, the EUR/USD pair was trading at 1.1635, losing 1.3% on the day.
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