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Christine Lagarde to Step Down as President of European Central Bank

29 October 2026 at 13:50
Her plan to depart in February, months before the end of an eight-year term, sets in motion a selection process among European leaders for a new central bank president.

© Heiko Becker/Reuters

Christine Lagarde’s appointment as the European Central Bank’s first woman president was the latest step in a career of breaking gender barriers, while also contending with economic crises.

Fed Holds Rates Steady Despite Lack of Progress on Inflation

29 October 2026 at 00:27
Kevin M. Warsh, the chairman of the Federal Reserve, said an “information-rich” period before the central bank’s gathering in December will help officials determine next steps for policy.

© Athit Perawongmetha/Reuters

Kevin Warsh, the Fed chairman last week said that more had to be done to tame inflation.
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