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  • A record jump in gas prices hugely boosted the CPI in March; expect a further 0.2pp hit in April.
  • The core CPI likely will be lifted in April by a rebound in used auto prices and a catch-up increase in rents...
  • ...But the fading tariff boost and slowing rent rises will drag down inflation in H2, despite higher oil prices.

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Keywords for: 13 April 2026 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence