ECB President Christine Lagarde to step down in February 2027, nine months before term ends

What happened: ECB President Christine Lagarde will step down on February 7, 2027, nearly nine months before her term expires, the ECB said Thursday. Key numbers: Departure date February 7, 2027; nearly nine months before term end. Why it matters: Her successor will be appointed by the European Council under EU treaty rules, opening a leadership transition at the central bank ahead of schedule. Coverage: 6 outlets in 24h

ECB President Christine Lagarde will step down on February 7, 2027, nearly nine months before her term expires, the ECB said Thursday.

Her successor will be appointed by the European Council under EU treaty rules, opening a leadership transition at the central bank ahead of schedule.