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International Business Times
International Business Times
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AFP News

REVEALED: Lagarde says ecb will continue to cut interest rates | Rare Historical Photos

ECB Christine Lagarde Donald Trump Interest Rates European Central Bank eurozone Euro Inflation United States
European Central Bank President Christine Lagarde said eurozone growth 'is likely to take a hit' if the United States goes into protectionism mode (Credit: AFP)

European Central Bank chief Christine Lagarde said Monday eurozone policymakers would keep cutting interest rates and warned that higher US tariffs under President-elect Donald Trump could hit growth in the bloc.

"Even though we are not there yet, we are close to achieving our target" of two-percent inflation, Lagarde said in a speech at the Bank of Lithuania.

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