European Central Bank (ECB) President Christine Lagarde said Monday that she would remain in place to ensure inflation stays in check despite the war in the Middle East, months after a report that she would step down.
“I have a sense of duty and I believe that when there’s a bit of a storm, the captain remains on deck. So the captain of the European Central Bank is on deck,” Lagarde told France Culture radio.
Ex-IMF chief Christine LagardeThe 70- year-old French brainbox previously served as the 11th Managing Director of the International Monetary Fund from 2011 to 2019
The Financial Times said in February, citing an anonymous source, that Lagarde would leave before October 2027.
That would give French President Emmanuel Macron and German Chancellor Friedrich Merz time to line up a successor ahead of France’s presidential vote in April 2027, in case of a victory by the
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