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The next steward of eurozone monetary policy faces a tougher opening than their predecessor. According to Reuters, citing a senior eurozone official, EU leaders are aiming to finalize the choice of the next European Central Bank president at their December summit, and the political agreement could also cover two other Executive Board seats. The successor has not yet been determined, and December remains the target for completing the appointment. Incumbent President Christine Lagarde has already announced she will step down on February 7, 2027, roughly nine months before the formal end of her eight-year term.
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