Lagarde Says She Will Stay on ECB Ship Amid Early Exit Talk

Central Bank President Christine Lagarde insisted on Thursday that she would still be in her role next year, saying "the captain stays on the ship" while there were clouds on the horizon. However, asked to commit to completing her term, which is due ⁠to end in ⁠October 2027, Lagarde said she didn't like to be "boxed in.” "I did mention once: when there are clouds on the ⁠horizon, the captain stays on the ship, and this captain is staying on this ship," Lagarde told a press conference after the ECB had left its benchmark interest rates at 2.25%. "You are not going to see the back of ⁠me ⁠before 2027." Earlier this month Lagarde had said it was still possible she could leave before her term ends to weigh in on French politics, but that running in next spring's French presidential election was not "currently" on the agenda.