Christine Lagarde to step down as ECB head in February 2027
ECB President Christine Lagarde has announced she will step down from her post. Her resignation takes effect on February 7, 2027, nearly nine months before her term was due to end in October 2027. Speculation about an early exit had been running for some time.
ContextContext: The European Central Bank sets interest rates for the euro, the currency used by many European countries. Its president leads the bank's policy decisions, so a change at the top can affect borrowing costs and financial markets.
Read at Economic Times: News
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