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March 17, 2026
U.S. Private Credit: One To Watch Rather than Systemic Issue
March 17, 2026 10:29 AM UTC
While the U.S. private credit sector could face further problems in 2026/27 (due to the lagged impact of the end of ultra-low rates in 2021-23), this appears to be a sectoral issue. U.S. banks equity capital and funding are robust enough to weather a further deterioration, though some corporates c
UK CPI Preview (Mar 25): The Calm Before the Storm?
March 17, 2026 8:53 AM UTC
Although most aspects of the January CPI came in a notch above BoE thinking, there was still a clear fall even in the core rate. Indeed, the headline CPI rate fell from December’s 3.4% to 3.0% (a 10-mth low) and we see it staying there is February’s numbers - as do BoE projections. Services
March 16, 2026
U.S. March NAHB Homebuilders Index - Picture stabilizing
March 16, 2026 2:13 PM UTC
March’s NAHB homebuilders’ index of 38 is up from 27 in February which has been revised up from 36. The series picked up in late 2025 as the Fed resumed easing but had been showing signs of slipping in early 2026. Now the series looks fairly stable.