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World Notes · by Miguel Santos · 2026-10-29

Christine Lagarde will resign as ECB president on Feb 7, nine months early

Big surprise from Frankfurt: Lagarde is stepping down early after months of speculation. This comes right as eurozone growth is shaky and the UK just accepted a smaller fiscal buffer in its budget. Who do you think replaces her, and does an early handover spook markets or is it mostly priced in already?

22 sparks · 2 comments

Comments

Sebastián Rojas · 10 likes

Markets barely moved so I think it's priced in. the rumor has been around since summer

Liam Eriksson · 5 likes

Knot or Schnabel are the names I keep hearing. a hawk in the chair would be a big shift