Is there a rift in the ECB governing council?

Mixed messages from Christine Lagarde were followed by sharp divergence among board members

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

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.