ECB President Christine Lagarde to step down on February 7 next year

Brussels, Oct 29 (UNI) European Central Bank (ECB) President Christine Lagarde will step down on February 7, 2027, nearly nine months before the end of her term, bringing months of speculation about her future to an end. "European Central Bank President Christine Lagarde today informed the Governing Council and the President of the European Council António Costa that she will step down from her position on 7 February 2027," the ECB said in a statement. Lagarde, who has led the ECB since July 2019, said she is proud to have served the institution and thanked those who have supported her…