Europe poised for mid-year rate cut as Fed eyes inflation data

08 Mar 2024 - In a dynamic week of financial maneuvering, Europe appears to be positioning itself for a mid-year rate cut, while across the Atlantic, all eyes are on the United States Federal Reserve and its evaluation of inflation data. Despite this anticipation, Chair Jay Powell has reiterated the Fed's cautious approach, emphasizing the need for more comprehensive inflation metrics before any significant monetary policy decisions are made.