Christine Lagarde continues to serve as ECB president into mid-June 2026, actively chairing Governing Council meetings and delivering monetary policy statements with no formal announcement of departure. Speculation about an early exit emerged in February 2026 after reports that she might step down before her October 2027 term ends to allow French President Emmanuel Macron input on a successor ahead of the 2027 French election, but Lagarde publicly described completing her term as her baseline expectation. Subsequent statements reinforced focus on ongoing projects such as the digital euro, and eurozone leaders have not advanced formal succession processes. With resolution tied to whether she remains in office through December 31, 2026, trader consensus at 72.5% for “No” reflects the absence of confirmed exit plans or procedural triggers within the current calendar year.