ECB’s Lagarde steps down, saying she can’t remain neutral on world events

What happened: ECB President Christine Lagarde said she would step down early to be free to speak out on matters beyond monetary policy. She departs on Feb. 7. Key numbers: Departure date Feb. 7. Term was due to expire in October 2027. Why it matters: Her exit ends months of speculation and gives EU leaders time to pick a successor before a French presidential election polls show Marine Le Pen favored to win. Coverage: 7 outlets in 24h

ECB President Christine Lagarde said she would step down early to be free to speak out on matters beyond monetary policy. She departs on Feb. 7.

Her exit ends months of speculation and gives EU leaders time to pick a successor before a French presidential election polls show Marine Le Pen favored to win.