Finance Magnates· Damian Chmiel·· 3 hours agoAI score55
Christine Lagarde to leave as ECB president nearly nine months early, successor selection begins
Lagarde’s ECB Era, From Pandemic to 4% Rates, Ends Nine Months Early
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Christine Lagarde will leave as ECB president on February 7, 2027, nearly nine months early, and the European Council will appoint her successor. The report said Spain’s Pablo Hernández de Cos and Klaas Knot, president of De Nederlandsche Bank, are the leading candidates. The ECB deposit rate is currently 2.50%, and the digital euro could be issued as early as 2029.
Source:Finance Magnates · financemagnates.com