View:

April 13, 2026 2:39 PM UTC
The stormy weather inflation wise is now very evident, most notably in UK fuel prices surging. Thus after a stable 3.0% (a 10-mth low) February’s headline – matching both consensus and BoE projections we see it jumping to 3.5% in March. Services, however, may stay at 4.3% which was a four-year
April 13, 2026 2:24 PM UTC
March existing home sales with a 3.6% decline to 3.98m are weaker than expected. There may be some lagged impact from bad weather in late February but if energy prices remain elevated, restricting the ability of the Fed to ease, there are downside risks in Q2.