Lagarde Keeps Door Open to Early Exit from ECB Presidency
European Central Bank (ECB) President Christine Lagarde left the door open to an early exit, saying 'we'll see' when asked if she would remain in her position until her term ends in October 2027. When pressed for a clarification on her previous statement that she would leave in 2027, Lagarde replied, 'whatever the time, it will be handled in the most professional way as it should be.' The comments come amid rumors of her potential early resignation.
Lagarde's remarks have sparked speculation about who might succeed her if she were to leave early. Sources told Reuters that France would back Dutchman Klaas Knot to take over as ECB President, as part of a deal where a French candidate would be chosen for the role of chief economist.