European Central Bank President Christine Lagarde pledged to stay in her role until at least the end of the year, quashing ongoing rumors that she will step down in the near term to take part in France’s 2027 presidential election.

Lagarde however did not rule out leaving before the end of her term, which expires in Oct. 2027. The French election will happen in April and May.

"I hate to be boxed in in any particular circumstances," Lagarde told journalists in response to a question from a reporter who asked her to clearly state whether or not she will stay until the end of her term.