Central Banks
The politics of President Lagarde's European Central Bank early exit — and who could replace her
European Central Bank President Christine Lagarde will step down on Feb. 7 next year, she announced Thursday.
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The ECB steers monetary policy for twenty euro-area economies. We cover rate decisions, bond-market fragmentation and the bank's fight to keep inflation near target.
European Central Bank President Christine Lagarde will step down on Feb. 7 next year, she announced Thursday.
Markets saw the decision as a hawkish pause and were last pricing in a 67% chance of a December rate hike.
Her successor as ECB chief will have an unenviable job
Our interview with the ECB’s president