ECB Unity on Policy Path Is Fraying as Recession Danger Mounts

The European Central Bank’s unity over the size of monetary-policy moves risks unraveling in coming months as officials diverge on the pain they reckon the economy can handle in the depths of the energy crisis.

With a window for public comments before the Oct. 27 decision about to close on Wednesday, the sum of multiple remarks in Washington in recent days by a spectrum of Governing-Council members point to underlying discord that is likely to become more pronounced as the year draws to a close.