‘Too Soon For All-Clear’ As European Inflation Comes In Slightly Warm

For what it's worth -- a mention, at least -- inflation in Europe was a little warmer than expected last month. That's according to a flash estimate which would've garnered more attention Thursday were this week's calendar not so crowded with top-tier US data and policy decisions from the Fed and BoE. Thursday's release showed headline CPI across the eurozone ran at a 2.8% pace in January, slower than December's rate but ahead of consensus nevertheless. Core price growth was 3.3%. That was