ECB will have key data by June to decide on first rate cut - Lane

FRANKFURT, Jan 13 (Reuters) - The European Central Bank (ECB) will have key data by June to decide on the first of a likely series of interest rate cuts but going too fast may prove self-defeating, ECB chief economist Philip Lane said in an interview published on Saturday.

"By our June meeting, we will have those important data," Lane told Italian daily Corriere della Sera. "But let me emphasise, we do have other data that we will be looking at every week."

He added: "A false dawn, too rapid a recalibration, can be self-defeating." (Reporting By Giulio Piovaccari in Milan Writing by Francesco Canepa in Frankfurt Editing by Mark Potter)