The European Central Bank kept its interest rates and policy plans unchanged today and said the immediate stress caused to markets by Britain's shock vote to leave the European Union had been contained.
ECB President Mario Draghi said it was too early to ascertain the full impact of Brexit, however.
Mr Draghi also underlined that the euro zone's central bank was prepared to take more actions to lift inflation and economic growth if necessary.
"The risks to the euro zone economy remain tilted to the downside," he told a news conference after the ECB left rates and other measures unchanged.
It kept its deposit rate at -0.4% and the main refinancing rate at 0%, both record lows, as it seeks to cut borrowing costs for firms and force banks to lend money out rather than park cash with it.
The bank said rates would stay at present or lower levels for an extended period, and well beyond the current period in which it is buying assets.
It hopes this will boost inflation and pump money into the euro zone's underperforming economy.
It repeated that its €80 billion a month asset-buying programme - which Draghi deemed "quite successful" would run until March 2017, or beyond if necessary, until it sees an upward adjustment of inflation toward its target.
Overall, the ECB is buying €1.74 trillion worth of assets to cut borrowing costs, induce spending, lift growth and ultimately raise inflation, which has been stuck either side of zero for the past two years.
But such generosity in monetary policy is bumping up against limits.
Draghi has consistently called on euro zone governments to loosen their spending to help out, but to no avail.
The ECB is running out of qualified assets to buy, particularly German government debt, as yields have fallen below its deposit rate, a self-imposed limit for its buys.
Though German yields have risen sharply over the past week, around 55% of its bonds trade below the deposit rate, making them ineligible for ECB purchases.
Mr Draghi said policymakers had not discussed tweaking the rules, preferring to wait to see what new staff economic projections due in September say.
Brexit has been seen as a threat to the euro zone's modest investment and consumption-led recovery. But Mario Draghi appeared calm about it today.
"Our assessment is that euro area financial markets have weathered the spike in uncertainty and volatility with encouraging resilience, he said.
"The announced readiness of central banks to provide liquidity if needed, and our accommodative monetary policy measures, as well as our robust regulatory and supervisory framework, have all helped to keep market stress contained," he stated.
The threat remains, however. Early post-Brexit data, such as Germany's ZEW sentiment indicator and euro zone consumer confidence figures, suggest a significant drop in confidence.
But while analysts polled by Reuters cut their 2017 euro zone growth forecasts to 1.3% from 1.6%, they left their inflation projection unchanged at 1.3%, a mixed reading for the ECB, which targets inflation at just below 2%.
Italian banks, weighed down by about a €360 billion in bad debt and falling share prices, are also a headache for the ECB, which is the euro zone's bank supervisor.
The Italian government is in talks with the EU to allow state aid to the troubled lenders but wants to shield household investors, a contentious proposal that would test the bloc's new bail-in rules.
Draghi repeated the bank's position that something needed to be done to address the problem of bad loans and that European rules leave room for state aid.
Meanwhile, Mario Draghi said that the world's top 20 economies should send a message of "stability" when their finance ministers meet in China this weekend.
"In this climate of general uncertainty, not necessarily economic uncertainty, but mostly geopolitical uncertainty, it's very important that a message of stability comes out of the G20," Draghi told today's news conference in Frankfurt.
Finance ministers from the so-called Group of 20, which brings together the biggest industrialised and emerging economies, are scheduled to meet in China on Saturday and Sunday.
Faced with an uncertain world, the participants should emphasise the "accommodative" monetary policy that has been supporting economic growth around the world and the fact that "the financial and banking system are much stronger than they were before", he went on.
Draghi himself will be present at the meeting in Hanghzhou in southeast China, where he said he would report on a euro zone "recovery that continues, though at a slower pace".