Monetary policy: Live now: What President Lagarde says about the interest rate decision and her early departure from the ECB
The ECB is not touching interest rates. In addition to the situation on the bond market, Christine Lagarde's appearance is primarily about her early withdrawal from the top of the ECB.
Christine Lagarde has announced she will leave the European Central Bank in February 2027, nearly a year before her term ends. Her departure comes as the Eurozone faces high inflation, currently at 3.8 percent, and concerns over a potential new Euro crisis due to a strong increase in bond yields in France. The EZB has kept interest rates unchanged at 2.5 percent, as expected. Lagarde's decision to leave was not unexpected, given previous rumors, but her timing has been questioned.
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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