ECB unlikely to signal policy shift at March meeting - report

ECB sources from Reuters

• ECB unlikely to signal shift but may discuss dropping easing bias
• Easing bias refers to stipulation that ECB could increase asset buys if necessary
• ECB officials prefer to wait on signal, perhaps until the summer
• Broader decision on guidance could wait until April or June
• ECB wants plenty of evidence inflation is rising, fearing that having to reverse course would damage credibility

The ECB likes to wait until the bitter end before signaling anything or making a move.

From Reuters:

"European Central Bank policymakers are likely to discuss tweaking their communication stance in their March 8 meeting but no major policy shift is expected, three sources with direct knowledge of the discussion said."