Monetary policy: ECB President Christine Lagarde to step down early in February
There have been speculations for some time about the 70-year-old's early retirement. There are already several favourites to succeed her.
Christine Lagarde is stepping down early as President of the European Central Bank, leaving her position on February 7, 2027. Her eight-year term was set to end in October 2027. The move allows French President Emmanuel Macron and German Chancellor Friedrich Merz to secure a new appointment before the French presidential election. Lagarde's decision was expected, with rumors circulating for some time, and speculation now turns to her successor, with Klaas Knot and Pablo Hernández de Cos seen as favorites.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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