Lagarde to quit ECB early, sparking race to replace her
The president of the European Central Bank has said she will step down in early 2027, about eight months ahead of the end of her term.
The president of the European Central Bank has said she will step down in early 2027, about eight months ahead of the end of her term.
European Central Bank President Christine Lagarde announced her resignation on Thursday, ending months of speculation about her future at a complex juncture for Europe and the ECB.
Christine Lagarde will leave the post in February, nine months before the end of her eight-year term.
A potentially historic drop for Alphabet’s stock is dragging the US market lower after the company behind Google and YouTube reported weaker growth than analysts expected.
A potentially historic drop for Alphabet’s stock is dragging the US market lower after the company behind Google and YouTube reported weaker growth than analysts expected.
European Central Bank said on Thursday that President Christine Lagarde will step down from her role on Feb. 7 next year.