ECB balancing act: this is how Lagarde intervenes to prevent stock market panic | Financial

European Central Bank President Christine Lagarde faces a series of dilemmas to support markets.

ANP/HH

The European Central Bank (ECB) faces a very difficult dilemma. In order to contain the sky-high inflation, interest rates must be raised. However, this puts weak euro countries in trouble. Behind the scenes, therefore, feverish work is underway on a new instrument to keep the eurozone together. Central bankers do not have much leeway.