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ECB President Christine Lagarde to resign February 7

Original: christine lagarde

European Central Bank President Christine Lagarde is set to resign on February 7, ahead of the end of her term, according to a Yahoo News report. The announcement has put her among the top trending searches in several European countries including France, Spain, the Netherlands, Germany and the United Kingdom. Her departure raises questions about who will lead the eurozone's central bank next and how monetary policy will proceed.

Why now: News that the head of the European Central Bank is resigning early has major implications for eurozone monetary policy.

Christine LagardeEuropean Central Bankeurozone

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