K-SignalAI-generated
Lagarde to step down as ECB chief on Feb. 7
European Central Bank President Christine Lagarde will resign on Feb. 7, about nine months before her eight-year term ends, the ECB announced Thursday. Yonhap reports she informed the ECB's policy committee and EU Council President António Costa of her decision, and that speculation about her early exit had persisted. The Dong-A Ilbo notes she took office in November 2019 and that her departure could open the way for European leaders, including France's Macron, to pick a successor. Korean outlets also report the ECB held its key interest rates steady the same day, with the deposit rate at 2.50%.


















