European Central Bank President Christine Lagarde has reaffirmed her commitment to fulfilling her term at the ECB, dismissing rumors of an early exit to lead the World Economic Forum. Speaking to reporters in Frankfurt, Lagarde stated, “I’m fully determined to deliver my mission and I’m determined to complete my term.” She humorously added that her departure was not imminent. The speculation arose after reports suggested discussions with WEF founder Klaus Schwab regarding an early end to her ECB presidency.
— new from Bloomberg
