Lagarde expects to complete her term as European Central Bank President, responds to speculation about early departure

Investing.com – European Central Bank President Christine Lagarde stated that she expects to complete her full term, in response to speculation about her potentially leaving office before the end of her term in October 2027.

Lagarde told The Wall Street Journal in an interview on Thursday, “Looking back over these years, I believe we have achieved a lot, and I have achieved a lot personally. We need to consolidate and ensure that these achievements are truly solid and reliable. Therefore, my basic expectation is that this will continue until the end of my term.”

Earlier this week, The Financial Times reported that Lagarde might resign before her term ends. The timing of such a move could allow the French government to participate in selecting her successor before next year’s general election.

Lagarde described her mission as maintaining price and financial stability, as well as “protecting the euro, ensuring its strength and stability, and adapting it to Europe’s future.”

She declined to directly comment on The Financial Times’ report. The European Central Bank issued a written statement saying that Lagarde has not made a decision regarding the end of her term, but the statement did not deny the report.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

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