Governing Council member Olli Rehn, Governor of the Bank of Finland, urges the European Central Bank to maintain a 'cool head' amid escalating tensions from the Iran conflict. Speaking to Bloomberg, Rehn cautions against knee-jerk interest rate adjustments, stressing the need for the ECB to adhere to its data-focused strategy. '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,' Rehn stated, emphasizing the importance of avoiding premature policy shifts based on the volatile geopolitical climate.