European Central Bank president Mario Draghi said in a press conference following the ECB's policy meeting that "improving inflation rates recently aren't enough to alter the stimulus monetary policies in the euro zone".
Draghi asserted the bank didn't discuss the monetary stimulus guidelines due to its focus on growth risks, while conceding that deflation risks have virtually disappeared, but long-term inflation forecasts remain steady.
Draghi pointed to the decreased risks of trade protectionism, saying that it's too early to make policy decisions based on the future policies of the new U.S. administration.