Lagarde Leaves Door Open to Early ECB Exit Amid Resignation Rumors

European Central Bank (ECB) President Christine Lagarde has kept the door open to leaving her post early. When asked by Irish national broadcaster RTE if she would remain in the position until her term ends in October 2027, Lagarde replied 'we'll see'. This response comes amidst rumors of her early resignation that have persisted for most of this year.

Lagarde initially stated that she would leave her post in 2027. However, when asked to confirm if that meant October 2027, she again replied 'we'll see'. She added that whatever the time, it will be handled in the most professional way as it should be.

Reuters reported this week that France would back Dutchman Klaas Knot to succeed Lagarde as part of a bargain in which a French candidate would be picked for chief economist. Sources told Reuters that this deal is part of a broader agreement between European leaders.