European Central Bank President Christine Lagarde privately contacted her colleagues to confirm she remains committed to her position after media reports suggested she might resign early. The message came after speculation that she would leave before France's upcoming presidential election.
European Central Bank President Christine Lagarde reached out to her fellow policymakers to confirm her dedication to her current role following reports suggesting she might leave her position early, according to four sources who spoke with Reuters.
Earlier this week, the Financial Times published a story claiming Lagarde was considering departing from her ECB leadership role before France’s presidential election next year, potentially allowing outgoing President Emmanuel Macron to influence the selection of her replacement.
Following that report on Wednesday, Lagarde sent a private communication to her colleagues at the central bank, emphasizing that she continues to concentrate on her ECB responsibilities and promising that any future departure announcements would come directly from her rather than through media outlets, the sources revealed.
Those who received Lagarde’s message interpreted her communication as indicating she has no immediate plans to leave the European Central Bank, though they noted her statement didn’t completely rule out the possibility of a future departure.
When contacted for comment, a spokesperson for the ECB chose not to provide a statement on the matter.
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