Lagarde's Commitment Amid Exit Speculations

European Central Bank President Christine Lagarde reassured colleagues of her commitment to her role amid rumors of an early exit. Private messages suggest she intends to remain, countering reports linking her departure to France's upcoming presidential election. An ECB spokesperson offered no comment on the speculations.

European Central Bank President Christine Lagarde has reassured colleagues of her dedication to her current role, despite swirling rumors about a potential early departure. According to inside sources, Lagarde privately communicated that she was focused on her job and would personally inform her peers if she decided to resign.

The Financial Times had stirred speculation on Wednesday, reporting that Lagarde might step down before the next French presidential election, potentially allowing outgoing leader Emmanuel Macron to influence the selection of her successor. However, Lagarde's message to fellow policymakers seemed to quell immediate concerns about her exit.

An ECB spokesperson declined to comment on the matter, leaving the central bank and its followers to speculate further.

(With inputs from agencies.)