ECB’s Rehn: Sees first rate hike in Q4 2019

The European Central Bank (ECB) policymaker and the head of the Bank of Finland - Olli Rehn was out on the wires in the last hour, saying that markets appear to be reading ECB's forward guidance correctly and foresee the first rate hike in Q4 2019 if economic outlook holds.

Earlier, Rehn also touched upon the recent hot topics - Brexit and Italian debt, and said:

   •  The risk of a no-deal Brexit had grown over the past few months. 
   •  Stimulus paid for with debt won’t solve Italy’s problems.