Lagarde to Step Down Early From ECB Position, FT Reports

The Financial Times is reporting that Christine Lagarde is expected to leave the ECB before her eight year term as president expires in October next year. The ECB responded, President Lagarde is totally focused on her mission and has not taken any decision regarding the end of her term. This is what President Lagarde told Bloomberg on a recent episode of Leaders with Francine Lacqua.It was a challenge. It was Europe. I was always under the impression that it was a five year term and I hadn't checked.So havi ...