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.

The European Central Bank 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 Monday.Policymakers at the eurozone’s central bank lowered the key rate for their third straight meeting Thursday.

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