March has widely been written off as the likely moment that some major central banks will start cutting interest rates but data next week may change that for one. The European Central Bank is arguably closer than any other at this point to pulling the trigger on an easing cycle and while the odds of a cut, in the markets, are still low, they could improve if we see a significant revision to the January inflation data on Thursday. With the bloc flirting with recession, it won’t take much of a downward revision for the ECB to have to consider rate cuts, with the current rate of headline and core CPI within touching ... (full story)