Rain check on those rate-cut bets? World market themes for the week ahead

As China's troubled markets take time out for the Lunar New Year holiday, U.S. inflation numbers, key UK data, Russia's central bank meeting and an election in the world's third-largest democracy vie for the spotlight. Here's your week ahead primer in world markets: NOT YET Open this photo in gallery: Federal Reserve Chair Jerome Powell holds a press conference following the release of the Fed’s interest rate policy decision at the Federal Reserve in Washington on Jan. 31.EVELYN HOCKSTEIN/Reuters For traders trying to bet on the timing of a first U.S. rate cut, life has not been made easy by…