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Christine Lagarde to Step Down as ECB President in Early 2027
Economy

Christine Lagarde to Step Down as ECB President in Early 2027

European Central Bank President Christine Lagarde announced on October 29, 2026, that she will step down on February 7, 2027, nearly nine months before the end of her eight-year term. The ECB confirmed the decision in a statement, with European Council President Antonio Costa announcing that the process to find her successor would begin immediately. Lagarde said in a video message, “I leave this institution with a sense of good work done and an ECB that is fit for the future.”

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