The european central bank said last week it would raise interest rates for the first time in more than a decade. People are concerned that europe could be headed back to a debt crisis like the ones we saw in 20 12 and 20 14. The e c b held an emergency meeting yesterday, and the central bank signalled it's going to be lending a helping hand to weaker economies. This reflects how the e c b has been backed into a corner. On one hand, it wants to fight record levels of urizone inflation by stopping bond purchases and starting to raise interest rates. But on the other hand, this tightening of monetary policy is causing turmoil in bond markets,. And that