4 March 2026 US Monitor Inflation impact of Middle East war too small to influence Fed policy
2nd Mar 2026 18:18USDaily Monitor
- Expect just a 0.2pp uplift to the CPI if the $10 jump in WTI oil prices lasts; the core CPI impact is a wash.
- We look for a 0.6% fall in headline sales in January, mostly due to a weather-linked plunge in auto sales.
- Winter Storm Fern likely weighed on sales ex-autos too, and the underlying trend also now is weak.
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