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What happened next?Continue in this file · ECB: interest rates and the presidential transition
File · ECB: interest rates and the presidential transition
Confirmed

Christine Lagarde announces she will leave the ECB on 7 February 2027

Christine Lagarde announced on 29 October 2026 that she would step down as European Central Bank president on 7 February 2027. She therefore remains in office until the announced departure date.

Archive portrait of Christine Lagarde at the European Parliament.
Christine Lagarde at the European Parliament, cropped archive photograph. This does not depict the announcements of 29 October 2026. — © European Union 2023 – Source: EP / Wikimedia Commons — CC BY 4.0 https://creativecommons.org/licenses/by/4.0/ ; recadrage préexistant, sans modification supplémentaire.

The ECB says she informed the Governing Council and European Council President António Costa. Her successor will be appointed by the European Council under the procedure set out in Article 283 of the Treaty on the Functioning of the European Union.

The announcement begins a leadership transition at the institution responsible for euro area monetary policy. It comes on the day the ECB holds rates while warning about the energy shock. The sources consulted do not yet establish who will succeed her.

Sources 3