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Lagarde Leaves ECB Job Before 2027

Christine Lagarde is leaving her job early. She leads the European Central Bank in Europe.

Her term was set to end in October 2027. But she will leave before then.

Her early departure lets the bank name a successor sooner. This timing could matter for French elections.

Klear Note The European Central Bank controls money and interest rates for 20 European countries. ECB leaders serve eight-year terms and shape economic policy across the eurozone.

Key Terms 1
European Central Bank
The bank that manages money for European Union countries.
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