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March 17, 2026
Preview: Due March 18 - U.S. February PPI - Ex food, energy and trade suggests trend at 0.3% per month
March 17, 2026 12:51 PM UTC
We expect PPI to rise by 0.3% in February, slower than January’s 0.5% and December’s 0.4%. Ex food and energy we expect a rise of 0.2% after a strong 0.8% January increase. Ex food, energy and trade however, we expect a fourth straight increase of 0.3%, which would signal where trend is.
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