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ECB President Christine Lagarde to resign February 7

Original: European Central Bank President Christine Lagarde will resign Feb. 7, ahead of term

European Central Bank President Christine Lagarde is resigning on February 7, stepping down ahead of the end of her term. The news, reported widely by AP and other outlets, ends her tenure leading the eurozone's central bank, though the reports do not state a reason for her early departure or name a successor.

Why now: The surprise early resignation of the head of the eurozone's central bank has major implications for monetary policy and markets.

Christine LagardeEuropean Central Bankeurozone

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Evidence

• European Central Bank President Christine Lagarde will resign Feb. 7, ahead of term · The Daily Reporter - Greenfield Indiana
• European Central Bank President Christine Lagarde will resign Feb. 7, ahead of term · Boston 25 News
• European Central Bank President Christine Lagarde will resign Feb. 7, ahead of term · Audacy
• European Central Bank President Christine Lagarde will resign Feb. 7, ahead of term · The Boston Globe
• European Central Bank President Christine Lagarde will resign Feb. 7, ahead of term · AP News
• European Central Bank President Christine Lagarde will resign Feb. 7, ahead of term · WSB-TV

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