The European Central Bank (ECB) has cut interest rates for the seventh time this year, citing a deteriorating growth outlook influenced by ongoing trade tensions, notably those stemming from U.S. tariffs. The latest reduction brings rates to 2.25%, as the ECB aims to buffer the economy from the potential impacts of U.S. trade policy. This decision comes as traders anticipate further cuts and as market conditions reflect concerns about the economic fallout from tariffs. ECB President Christine Lagarde addressed reporters, emphasizing the need for monetary policy adjustments in response to fears surrounding global trade uncertainties.