Description
European Central Bank President Christine Lagarde has announced she will resign on February 7, 2027, months before her term is due to end in October.
Former central bank governors Klaas Knot of the Netherlands and Pablo Hernández de Cos of Spain are seen as frontrunners to succeed her.
The move comes as the ECB tackles rising inflation and borrowing costs amid the Iran war’s impact on energy prices.
Tap the link to read more: https://www.khaleejtimes.com/business/ecb-president-lagarde-resigns-after-months-of-speculation
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