The European Central Bank (ECB) held interest rates steady on Thursday, amid signs the euro area's growth outlook may have softened.
The ECB's interest rate on its main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at zero, 0.25 and -0.40 percent respectively.
Speaking from Frankfurt, ECB President Mario Draghi said "underlying strength" in the euro zone's economy continued to underpin the bank's confidence despite signs of "moderation" in recent weeks.
He added an "ample degree of monetary stimulus" remained necessary over the coming months.
The ECB president was widely expected to tread carefully and try to avoid offering any explicit clues about when the bank would end its stimulus program, under which it purchases 30 billion euros ($37 billion) of bonds per month. Instead, analysts said the ECB is likely to delay a final decision over its stimulus settings until the summer.