Central Banks

Economists Expect Lagarde to Exit Early, Handing ECB Job to Knot

Christine Lagarde, left, and Klaas KnotPhotographer: Lina Selg/Bloomberg

Christine Lagarde is expected to leave the European Central Bank before her term ends, paving the way for Klaas Knot to succeed her as president, according to a Bloomberg survey of economists.

More than half of respondentsBloomberg Terminal expect the Frenchwoman to step down this year. Less than 30% predicts she’ll see out her eight-year term, which ends next October.