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Lagarde admits possible early departure from ECB helm

Lagarde admits possible early departure from ECB helm

European Central Bank President Christine Lagarde has admitted the possibility of leaving her post early. In an interview with Irish broadcaster RTÉ, she responded to speculation about her departure that has emerged this year. teraz.sk ↗

Asked whether she would remain at the helm of the ECB until the end of her term, she replied: "We'll see." She also stated that she could leave in 2027. Her remarks thus left open the possibility that she will not serve out her mandate until its planned end. hnonline.sk ↗

Lagarde has been leading the ECB during a period when the bank's monetary policy depends on the development of the economy and inflation in the eurozone. In the interview, she also said that any potential increase in interest rates would depend on future developments. RTE News ↗

Speculation about her possible early resignation has persisted for several months. The ECB president did not confirm it with her statement, but nor did she clearly rule out leaving before the end of her term.

Going forward, the ECB will continue to decide on the setting of monetary policy based on economic data and price developments. Whether Lagarde remains in office until the end of her mandate is to be decided later.

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