ECB Vice President VUJCIC said the bank is likely to wait for additional data
before deciding its next interest-rate move, adding policymakers will wait
through the July meeting and expect updated macroeconomic projections at the
September meeting to inform any decision. He warned the ECB will not precommit
to a specific rate path. June inflation so far has been in line with
expectations. The ECB last raised rates by 25bps at its June meeting.
