⚡European Central Bank President Christine Lagarde announced she will step down on February 7, 2027, nine months before her term was scheduled to end.

What it means

Christine Lagarde, President of the European Central Bank, has announced she will step down on 7 February 2027, roughly nine months before her term was due to end in October 2027. The decision was communicated to the ECB's Governing Council and the President of the European Council. Her early departure triggers the process to select a successor for one of the most important roles in European economic policy.

Accuracy & sourcesSourced

The claim is directly from an official ECB press release, making it a primary source and highly authoritative. The reporting accurately reflects the content of that release.

How new

This is genuinely new news, announced on 29 October 2026 via the ECB's official press release.

Go deeper

• The Economist (via Google News) — first to publish