Schnabel Eyes IMF Job Exit Before ECB Term Ends

The European Central Bank's (ECB) Isabel Schnabel may leave her position as executive board member before her term ends in 2027 for a job at the International Monetary Fund (IMF), according to reports from Handelsblatt.

Schnabel's current term is set to expire at the end of 2027, but the potential move would come sooner if she takes on the IMF role.

The ECB has declined to comment on the matter, and it is unclear what impact Schnabel's departure would have on the central bank's operations.