Central bankers see victory within reach in push to tame inflation

© The Financial Times Limited 2024. All Rights Reserved. Not to be redistributed, copied or modified in any way. Top central bankers in Europe and the US have moved closer to declaring victory over the biggest inflation surge for a generation, with new data giving policymakers confidence they can cut rates by the summer. On […]

Central bankers see victory within reach in push to tame inflation

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The Financial Times

© The Financial Times Limited 2024. All Rights Reserved.

Not to be redistributed, copied or modified in any way.

Top central bankers in Europe and the US have moved closer to declaring victory over the biggest inflation surge for a generation, with new data giving policymakers confidence they can cut rates by the summer.

On Friday, US jobs growth figures for December and January were downgraded sharply, cementing investors’ expectations of a rate cut by June, while eurozone data showed wage and profit growth easing.

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