Inter now face Lille in the Champions League.
Ranieri insists, "I'm certainly not making a big drama of the League standings. I think we'll come through it with determination, quality and desire.
"What the President and I have said to each other recently will obviously remain between ourselves, but the President believes in this team, he believes we'll get out of this moment and he believes in the quality of this group.
"I don't think this team is afraid. Although naturally confidence drops a little when results aren't going your way. But we're not in freefall. It's a bout of bad weather but it will pass."