Is there a rift in the ECB governing council?

Christine Lagarde unveils new lending facility

Leading officials at the European Central Bank have taken sharply different policy positions following its press conference on September 10.

Some observers feel this open disagreement may be the consequence of communication mis-steps by ECB president Christine Lagarde, which have created a void for others to fill.

“In a way, the ECB is back where it was under [former president Mario] Draghi in the sense that there are many diverging views,” says Carsten Brzeski, chief eurozone economist with

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