Eurozone Inflation Loiters As ECB Ponders Cut Timing

Inflation in the eurozone was a bit quicker than expected in February, data released on Friday showed. At 2.6%, the headline YoY print was ahead of estimates, as was core at 3.1%. Headline inflation ran 2.7% in Germany last month, 2.9% in Spain and 3.1% in France. To be sure, the overshoots on the bloc-wide gauges weren't large (consensus was 2.5% for the all-items measure), but it's not splitting hairs to point them out: The conversation at the ECB around when to start cutting rates will comm