Major central banks have been somewhat taciturn about the prospect of rate cutting, so did that change during the past week? Imogen Bachra, Jan Nevruzi and Joann Spadigam analyse recent events, data and market views in a week when the Fed and the Bank of England held rates - and explained their decisions to do so. In Europe, inflation appears to be falling faster than the European Central Bank's projections suggested, while German and Italian syndications caught many by surprise. Might Spain and Belgium be next?    Remember to hit ‘subscribe’ or ‘follow’ so you can watch or listen to the latest episode of Bondcast as soon as they’re available.  NB: This was recorded on 1 February 2024.  For any terms used please refer to this glossary:  https://www.natwest.com/corporates/insights/markets/glossary.html  Please view our full disclaimer here: https://www.natwest.com/corporates/disclaimer.html  Please note that captions are automatically generated.