The ECB is likely to continue to lower its key interest rate as the threat of U.S. tariffs clouds already weak growth prospects, President Christine Lagarde said in a speech Monday.

The European Central Bank will lower interest rates further, with risks to the inflation outlook now “two-sided,” President Christine Lagarde said.

STORY: The European Central Bank will cut interest rates further if inflation keeps easing towards its 2% target.That's according to ECB President Christine Lagarde Monday (Dec 16).She argued restricting economic growth is no longer necessary.