European Central Bank (ECB) President Mario Draghi said on Thursday that the bank had "never discussed" issuing so-called helicopter money as part of its efforts to bolster the euro zone's economy.
"We haven't really thought or talked about it... It's a very interesting concept ... but we haven't studied it," he said at his regular media conference, according to Reuters.
The bank maintained its monetary policy on Thursday, after delivering a surprise set of measures last month to boost the euro zone economy.
But with inflation still painfully low, speculation had risen that the ECB could yet use "helicopter money," which would see it inject cash directly into the real economy.
Instead, the bank held the main refinancing interest rate at 0.0 percent, the deposit rate at -0.4 percent and its monthly asset purchases at 80 billion euros ($90 billion).