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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 will step down on February 7, leaving her post ahead of the scheduled end of her term. The announcement is drawing attention across financial markets and European politics, as observers weigh who might succeed her and what the move means for the bank's monetary policy direction and eurozone stability.

Why now: News broke that the head of the European Central Bank is resigning early, a major development for markets and eurozone policy.

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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