ECB President Christine Lagarde to Step Down in February 2027
Source Summary
European Central Bank President Christine Lagarde has informed the ECB Governing Council and European Council President António Costa of her resignation, effective February 7, 2027. The announcement marks the end of Lagarde's tenure leading the eurozone's central bank.
Why it matters
The ECB presidency is one of the most influential positions in global monetary policy, and Lagarde's departure will trigger a succession process affecting eurozone economic governance.
