European Central Bank Vice President: May wait for more data before deciding on the next move

```htmlGolden Ten Data reported on July 1 that European Central Bank Vice President Vujcic said the bank will likely wait for more data, such as the latest macroeconomic forecasts to be released at the September meeting, before deciding on its next interest rate move. During the European Central Bank meeting held in Portugal, he stated: "We must wait for the data to be released until the July meeting; afterwards, in September, we will obtain new forecast data and make decisions based on further information received at that time." Vujcic pointed out that the central bank will not commit in advance to a specific interest rate path. He noted that so far, the June inflation data did not bring any surprises. The last time the European Central Bank raised interest rates was at the June meeting, when the rate was increased by 25 basis points.```