For markets, a Fed delay means more in May
A look at the day ahead in European and global markets. View in Browser Sign up for Reuters newsletters Morning Bid Europe A look at the day ahead in European and global markets By Wayne Cole, Chief Correspondent, Treasury Data refreshes every time you open this email. For more European market news, click here . Please send any feedback to morningbid@thomsonreuters.com . As the dust settles on another Federal Reserve meeting, markets have lengthened the odds on a first rate cut in March only to double down on an easing in May. It was a typically volatile reaction as the Fed statement dropped a tightening bias, as expected, but inserted a warning that cuts would not be "appropriate" until there was more confidence that inflation is heading back down to 2%. Today's Market News European farmers ste...