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Feed/Economy · Finance/Central bank raises policy rate by 50 basis points

Economy · FinanceOngoing · 22

ECB head Lagarde resigns amid mounting economic, political challenges for Europe

Reuters · South China Morning Post

Published 30 Oct 2026, 12:06 am·54 min ago·1 min read

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European Central Bank president Christine Lagarde resigned on Thursday, ending months of speculation about her future just as Europe enters a period of rising economic volatility and divisive electoral politics, particularly in her native France. Lagarde will step down on February 7, giving current European Union leaders time to pick her successor before a French presidential election that polls show far-right candidate Marine Le Pen is favoured to win. The move comes as the ECB battles...

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Central bank raises policy rate by 50 basis points

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