European Central Bank President Christine Lagarde has declined to rule out an early end to her term, fueling fresh speculation about a potential run for the French presidency.

Her current mandate is scheduled to expire in October 2027, but the central bank chief’s latest comments suggest a departure could occur sooner if political opportunities arise.

The remarks come amid growing scrutiny of Lagarde’s dual role as a key global economic figure and a prominent French political actor.

Markets have long monitored the intersection of her central bank duties and her domestic political ambitions, with previous hints of an early exit triggering volatility in eurozone bond yields and currency markets.

Lagarde’s potential early departure would force the ECB to navigate a leadership transition well before the natural end of her term.

Such a move could complicate the central bank’s ongoing efforts to stabilize inflation and manage monetary policy in a fragile economic environment.