ECB’s Vujcic Says June Rate Increase Depends on Incoming Data

European Central Bank Governing Council member Boris Vujcic said the decision on whether to increase interest rates in June will hinge on incoming information.

“Everything depends on data that we will receive by the meeting,” he told reporters in at the Pula School of Economics in Croatia. “We will of course be data dependent on numbers that arrive by the meeting and that continue arriving.”