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European Central Bank President Christine Lagarde will resign on Feb. 7, 2027, about nine months before her eight-year term ends, the ECB announced Thursday (Oct. 29). Yonhap reports she informed the ECB's policy committee and EU Council President Antonio Costa of her decision, with speculation long circulating about an early exit. Dailian notes the move could give French President Emmanuel Macron a chance to influence the selection of her successor, and mentions she may take a role at the World Economic Forum. Korean media coverage focuses on the resignation's timing amid Europe's ongoing economic woes, with Maeil Business and Yonhap also reporting the ECB held its key deposit rate at 2.50% the same day.