ECB's Lagarde Keeps Door Open to Early Exit
Lagarde said succession talks are intensifying as Reuters reported France could back Klaas Knot in a deal for the ECB chief economist post.
- European Central Bank President Christine Lagarde today kept the door open to leaving her post early, replying "we'll see" when asked if she would remain until her term ends in October 2027.
- Lagarde has been President of the ECB since November 2019, and rumors of early resignation have persisted throughout this year as she approaches 71 years old.
- In her September 12 interview, Lagarde noted the European Central Bank's task is maintaining price stability, with inflation in the euro area at 3.3%, above the ECB's 2% medium-term target.
- Speculation regarding Lagarde's successor has intensified, with sources telling Reuters this week that France could back Dutchman Klaas Knot for the presidency as part of a bargain for the chief economist role.
- "Whatever the time, it will be handled in the most professional way," Lagarde added, addressing uncertainty over her departure timeline and the transition process ahead.
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20 Articles
The president of the European Central Bank (ECB), Christine Lagarde, will leave the post in 2027. "I will leave in 27", Lagarde said on Friday to the Irish RTE Radio.
Christine Lagarde reiterated that she will step down as president of the European Central Bank in 2027, but left open the possibility of an early resignation before her term ends in October.
The President of the European Central Bank (ECB), Christine Lagarde, has kept open on Friday the possibility of leaving the post before the end of her term, when we answer when asked if she would remain in office until October 2027. Exclusive material for subscribers. To have full access, access the link of the subject and register.
According to a post on X, Christine Lagarde, President of the European Central Bank, will leave her post in 2027. The central banker confirmed her departure next year in an interview with Irish RTÉ Radio, but did not reveal the exact date.
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