Central Bank Faces Opposing Shocks

FrankfurtEconomists expect the European Central Bank to hold at 2.5%.

Bond turmoil in France and rising energy costs pull the bank in opposite directions.

The bank’s bond-buying Transmission Protection Instrument has never been used and carries conditions.

The bank’s next decision after Thursday’s falls on 17 December.

How each outlet framed it

drawn from 60+ reports worldwide

Bloomberg Business leans critical
Financial Times News: casts the ECB's problem as opposing shocks: French fiscal strain in bond markets against energy-driven second-round inflation effects