Rehn Says ECB Must Maintain 'Cool Head' Amid Iran War

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ECB Governing Council member Olli Rehn advises maintaining a 'cool head' and sticking to data-driven decisions despite the ongoing Iran war, emphasizing the need for a steady hand in setting interest rates.

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Market impact analysis based on neutral sentiment with 80% confidence.

Sentiment
Neutral
AI Confidence
80%
Time Horizon
Short Term

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The European Central Bank should avoid knee-jerk reactions to the war in Iran and stick to its data-focused approach to setting interest rates, according to Governing Council member Olli Rehn. "My advice in front of the mirror for the Governing Council meeting is to keep a cool head, maintain a steady hand and do not make hasty conclusions about the current situation," the Bank of Finland Governor tells Bloomberg's Oliver Crook in Brussels. (Source: Bloomberg)

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Original article published by Bloomberg on March 5, 2026.
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