ECB's Rehn: Some governing council members think keeping rates at current low levels into next year

The European Central Bank (ECB) Governing Council member Olli Rehn is on the wires now, speaking about the interest rates outlook to Kauppalehti in an interview.

Key Headlines:

Some ECB governing council members think that keeping rates at current low levels into next year could be warranted.

In this environment of economic uncertainty and weaker growth, there are grounds for continuing with very stimulating monetary policy.

The big question now is 'whether the European economy is experiencing a short and temporary phase of slower growth or a longer phase'.