NEWS: Lagarde says ECB will continue to cut interest rates

Lagarde says ECB will continue to cut interest rates

European Central Bank President Christine Lagarde said eurozone growth ‘is likely to take a hit’ if the United States goes into protectionism mode.
Photo: Kirill KUDRYAVTSEV / AFP/File
Source: 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…

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