ECB's Rehn: The latest core inflation data was somewhat disappointing

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 the latest core inflation data was somewhat disappointing and the ECB should gradually move to data-dependent rate guidance. 

He further added that the ECB policy won't take into account political situations, referring to Italy's fiscal policies and proposal to increase the budget deficit to 2.4% of GDP.