ECB's Rehn: Key interest rates will remain at present levels at least until Sept. 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 and said that market expectations on the timing of first rate hike are consistent with ECB statements.

Additional quotes:

   •  Need for extended forward guidance will also diminish as inflation makes progress towards the target.
   •  As monetary policy is normalised, ECB will gradually reduce non-standard policy measures.
   •  Key interest rates will remain at their present levels until September 2019.