FRANKFURT, Germany – The minutes to the last policy meeting of the European Central Bank suggest that policymakers could indicate as soon as March that they are mulling an earlier end to their stimulus program.
According to the minutes to the Jan 25 meeting published Thursday, policymakers said the "language pertaining to the monetary policy could be revisited early this year."
The next meeting is on March 8.
The bank is currently purchasing 30 billion euros ($37 billion) worth of bonds a month in financial markets to keep a lid on borrowing costs. Those purchases are due to run until the end of September "or beyond, if necessary" dependent on inflation getting back toward the bank's aim.
Despite a rebounding economy, consumer price inflation remains below the goal of just below 2 percent.