ECB Holds Interest Rates Steady
The European Central Bank left its key interest rates unchanged on Thursday, as expected, after raising them in September.
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European Central Bank chief Christine Lagarde to step down
Speculation had been growing that Lagarde would leave the bank to lead the World Economic Forum. The European Central Bank announced on Wednesday that President Christine Lagarde will step down from the job in February, eight months before her tenure was set to end, formalizing a move that had been rumored since the be
Euro zone bonds set for strong week as safe — haven appeal resurfaces
German 10-year Bund yields fall 8.1 bps this week to about 3.405% Money markets price near-100% chance of ECB December rate hike ECB President Lagarde, other central bank officials due to speak Correlation between European stocks and bonds turns positive By Amanda Cooper LONDON, Oct 16 (Reuters) — Euro zone government
EXCLUSIVE — WEF could appoint Lagarde as early as November, sources say
WEF board may choose new chair at November 2 meeting Lagarde's election seen as likely Move would trigger ECB reshuffle By Dave Graham and Francesco Canepa ZURICH/BANGKOK, Oct 15 (Reuters) — The World Economic Forum could appoint Christine Lagarde as its next chair as soon as next month, four people close to the organi
WEF Could Appoint Lagarde as Chair as Early as November, Sources Say
Four people close to the World Economic Forum told Reuters that it could appoint European Central Bank chief Christine Lagarde as its next chair as soon as next month. The reported appointment would mean she steps down early as ECB chief and trigger a wider reshuffle at the top of the institution.
Explainer: political chess behind ECB's next leadership shake-up
Reuters explains the likely succession process as the euro zone prepares to choose a new ECB president next year and fill up to two-thirds of the six-member executive board. It says Isabel Schnabel is leaving for the IMF, Philip Lane's term ends on May 31 and Christine Lagarde's term runs until October 31, 2027.