Feb 22 • 17:29 UTC 🇪🇸 Spain El País

Lagarde reaffirms her commitment to the ECB and rules out early resignation

Christine Lagarde, President of the European Central Bank, asserts her intention to serve her full term until October 2027 and warns about potential economic risks due to new U.S. tariffs.

Christine Lagarde, the President of the European Central Bank (ECB), has publicly dismissed rumors of her early resignation, reaffirming her commitment to lead the ECB until her term ends in October 2027. In a recent interview with CBS, she emphasized her dedication to the stability of the euro and the central bank's mission, highlighting the successful achievement of inflation targets, acceptable growth rates, and historically low unemployment levels in the Eurozone. Lagarde's statement serves to quell speculation around her leadership, reinforcing confidence in her governance role at a crucial economic time.

Alongside addressing her future, Lagarde also pointed to emerging economic challenges, emphasizing the potentially disruptive impact of new tariffs instituted by the United States. She expressed concern that these tariff measures could disrupt the trade balance between the U.S. and the European Union, potentially leading to broader economic implications. Her focus on the external economic environment reflects the interconnectedness of global markets, signaling that while the Eurozone manages its internal economic metrics, external pressures must also be monitored carefully.

Lagarde’s reaffirmation of her role and her economic warnings come at a crucial juncture where central banks worldwide are navigating post-pandemic recovery challenges and inflationary pressures. As leaders like Lagarde continue to uphold their mandates, the holistic view of economic stability and the navigation of geopolitical influences, such as U.S. trade policies, remain vital for the Eurozone's economic outlook.

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