ECB's Rehn: ECB ready to take any decisions that are necessary in June 5 meeting

Additional headlines are crossing the wires from the European Governing Council member Olli Rehn, as he continues to speak on the monetary policy in an interview with Kauppalehti.

“If it is indeed a period of longer economic slowdown, then clearly a more accommodative monetary policy stance will be required.”

“ECB will know more about whether said uncertainties have started to intensify or ease before the 5 June meeting and that the central bank is prepared to take any decisions that are necessary in accordance to the situation.”