Translate/Rotate Ctrl+Left/Right/(Both) through Camera view not working correctly

This helpful shortcut is frequently used to adjust the placement and orientation of assets, especially from the camera’s perspective, where it is particularly useful. But it seems that even in UE 5.4, this functionality is not working correctly. Instead, it seems to vaguely move the asset in screen space and then frenetically place the asset in some sort of combination of the expected result and the screen space result.

Can anyone else confirm this behavior or suggest a workaround/solution?