\u200bEuropean Central Bank President Christine Lagarde is expected to \u200bleave before the \u2060end of her eight-year term that expires in October 2027, the \u200bFinancial Times reported on \u200cWednesday, citing a person familiar with her thinking. The FT said that Lagarde wanted to exit \u200bthe bank before the French presidential election in April next year, as she wanted to allow outgoing President Emmanuel Macron and \u200cGerman Chancellor \u200cFriedrich Merz to find \u200ba new chief. Macron cannot run again in 2027 after serving two consecutive terms. Reuters could not immediately verify the report. The ECB did not immediately \u200brespond to a Reuters request for comment. The FT report comes only a week after Bank of France Governor Francois Villeroy de Galhau \u200bsaid he would step down in June this year, more than a year before the end of his term, allowing Macron to name his replacement before the 2027 presidential election that \u200cthe far-right could win. The FT had also reported on Lagarde’s potent<\/p>\n","protected":false},"excerpt":{"rendered":"
\u200bEuropean Central Bank President Christine Lagarde is expected to \u200bleave before the \u2060end of her eight-year term that expires in October 2027, the \u200bFinancial Times reported on \u200cWednesday, citing a person familiar with her thinking. The FT said that Lagarde wanted to exit \u200bthe bank before the French presidential election in April next year, as […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-36735","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"\n