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Christine Lagarde to step down as ECB president in February

Original: lagarde

Christine Lagarde will step down as president of the European Central Bank in February, according to the Financial Times. The announcement ends her tenure leading the eurozone's central bank, a role she has held since 2019 after previously heading the International Monetary Fund. Attention will now turn to who succeeds her and what the change means for monetary policy.

Why now: The surprise announcement of the ECB president's departure date is major news for eurozone monetary policy and markets.

Christine Lagarde European Central Bank International Monetary Fund

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Evidence

European Central Bank President Lagarde resigns after months of speculation · CNN
Leadership reshuffle threatens ECB’s green goals · POLITICO.eu
Christine Lagarde to step down as ECB president in February · Financial Times

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