Christine Lagarde to Step Down Early from ECB Presidency

Christine Lagarde is reportedly planning to step down from her role as president of the European Central Bank before her term ends in October 2027. Sources suggest she aims to leave prior to the French presidential election in April next year. The ECB has not confirmed this information.

Christine Lagarde is expected to resign as president of the European Central Bank (ECB) ahead of the official end of her term in October 2027, according to sources cited by the Financial Times.

The report suggests Lagarde's decision is driven by her desire to step down before the upcoming French presidential election scheduled for April next year.

While Reuters was unable to independently verify the information, the ECB has yet to issue a statement regarding the matter.

(With inputs from agencies.)