Dr Martens drops after Goldman Sachs downgrades stock
Flutter rises on positive profit outlook
FTSE 100 down 0.1, FTSE 250 adds 0.1

March 26 Reuters UK39;s FTSE 100 slipped on Tuesday as investors remained in a 39;wait and see39; mode ahead of key U.S. inflation data, while mixed messages from U.S. monetary policymakers raised concerns about the Federal Reserve39;s interest rate outlook.

The bluechip FTSE 100 was down 0.1 by 0933 GMT, and the domesticallyoriented FTSE 250 rose 0.1.

Mixed messages from Fed officials on Monday spurred worries across global markets on the timeline of monetary policy easing.

Chicago Fed President Austan Goolsbee said he had pencilled in three rate cuts this year, while Fed Governor Lisa Cook urged caution and Atlanta Fed President Raphael Bostic reiterated his remarks from Friday, trimming his expectations to one cut.

Market focus will now shift to the U.S. personal consumption expenditures PCE price index, the Fed39;s preferred inflation gauge, due on Friday, when markets across the U.S., Europe and UK will be closed for the Good Friday holiday.

The 39;wait and see39; mood in the markets is continuing with recent exuberance fading as investors look ahead to key consumer inflation data, said Susannah Streeter, head of money and markets at Hargreaves Lansdown.

The FTSE 100 has gone further into reverse, a change from the exhilarating progress it made last week when it flirted with record highs. There are still hopes it will power up…