WEF may appoint Lagarde as president in November, triggering early ECB exit

The World Economic Forum is reportedly considering appointing ECB President Christine Lagarde as its next president as early as November, which would force her to leave the ECB before her term ends in October 2027. An early departure would allow EU leaders to select a new ECB chief before the French presidential elections, where far-right candidates are polling strongly. The move is unconfirmed and would trigger a significant leadership transition at the ECB, with potential implications for monetary policy continuity.