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🚨 🇪🇺 ECB's Lagarde reportedly to step down early on 7 February, hours before today's ECB decision
🚨 🇪🇺 ECB's Lagarde reportedly to step down early on 7 February, hours before today's ECB decision
- 🇪🇺 ECB President Christine Lagarde has told staff she plans to leave on 7 February 2027, stepping down before the end of her term, according to reports citing sources (newswires, ); there is no official ECB statement yet
- The report lands just over three hours before today's ECB decision at , where a hold is expected, so her press conference now carries a succession question
FO view: An early exit opens a race for the top ECB job months ahead of schedule and adds a layer of policy uncertainty for the euro and peripheral spreads into today's meeting, though it does not change the expected hold.
Not investment advice.