The European Central Bank has kept interest rates steady amid moderate growth and more stable inflation in the eurozone.

The ECB is contemplating a potential interest rate cut in June, which could preempt the US Federal Reserve's actions.

ECB President Christine Lagarde highlighted the reliance on economic data for decision-making, recognizing differences between the eurozone and US economies.

Some ECB governors pushed for an immediate rate cut, but the consensus was to wait for additional economic data.

Lagarde indicated the ECB might act before inflation hits the 2% target, influenced by US inflation and interest rates.

The April decision to hold rates reflects a cautious approach due to uncertain inflation trends, with openness to future rate adjustments.