ECB Officials Losing Patience With Lagarde Over Unclear Future Plans

The friction here is less about Lagarde personally than about the ECB's institutional calendar. An unsettled succession question leaves a policy vacuum that can complicate how the governing council signals continuity, particularly with the terms of other board members also in play. For markets, the practical question is whether internal impatience hardens into public pressure, or whether the matter stays a background governance story. Whether Lagarde offers any signal on her intentions is the open question.