Reuters with a sources story
Policy makers are wary of making a fresh policy-message shift in April
Are worried about a potential yield surge
ECB wanted to communicate a reduced tail risk in March, not a step towards a QE exit
The euro has dipped on the news to 1.0747 as the ECB says they mishandled their March meeting. Personally I think the move is arse about face as these headlines suggest the ECB is thinking one thing but trying to say something else, and that's that they are thinking about an exit.