Media reports had claimed that the Reds were ready to loan out the duo, who have both featured for the Under-21s in recent weeks, so that they could gain some valuable first-team experience.
However, Rodgers remains adamant that the teenage pair are an important part of his Liverpool side as they gear up for a trip to Southampton on Saturday.
“It’s very simple, neither of them are available for loan,” Rodgers told a news conference.
“I’m not sure where the stories have come from, to be honest. They’re both young players that have played a lot this year – they have been very much a part of our group.
“Raheem has been outstanding this year, he’s only young and we need to nurture and protect him.
“We’ve got a very small squad and those two boys are an integral part of the group. That [loan deals] won’t happen.”
MORE: Man United latest news
MORE: Arsenal latest news
MORE: Chelsea latest news
MORE: Liverpool latest news