The European Central Bank kept interest rates unchanged again Thursday, saying inflation was in check and risks to the eurozone economy had eased while warning of continued risks from trade and geopolitical tensions.

The decision, which was widely expected, marked the third straight meeting that the ECB has kept its key deposit rate steady at two percent, following an earlier string of cuts.

Inflation has settled around the central bank's two-percent target while ECB President Christine Lagarde on Thursday noted "downside risks" to eurozone growth had eased.

This was due to factors including the EU-US trade deal, progress in US-China trade talks and the Gaza ceasefire, she said after the rate decision.

"From a monetary policy point of view we are in a good place," she told a press conf

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