The European Central Bank cut interest rates as expected on Thursday and kept more easing on the table, sticking to its view that inflation in the euro zone is increasingly under control despite concerns about global trade.

The European Central Bank cut its key interest rate once again as a stimulus for the eurozone, as growth stagnates due to customers’ worries over inflation and political turmoil in leading European economies like France and Germany.

French inflation was stable at the beginning of the year, figures showed Friday, a day after the European Central Bank again lowered its key interest rates amid a eurozone economy going nowhere fast.