US economy could be most at risk of a downturn, given the stresses in the banking system have been most evident there, and concerns are also greatest about a tightening in credit conditions

There was a welcome sharp fall in the headline rate of inflation in the eurozone for March as the sharp jump in energy prices following the Russian invasion of Ukraine early last year started to drop out of the annual calculations.

The stresses that have emerged in parts of the global banking system recently could have a bigger impact on the US economy than elsewhere

The stresses that have emerged in parts of the global banking system, and the associated volatility this has generated on financial markets are now weighing on central banks' monetary policy decisions.

Concerns remain about the severe shortage of housing becoming a constraint on economic growth

A tight labour market putting upward pressure on wages along with weak supply output in areas such as housing could make restoring price stability a tough challenge for central banks 

Banks indicating policy will need to be kept tight for a long time to return inflation to target

British economy underperforming due to ongoing negative impact of Brexit, anaemic labour force growth and declining inward migration from the EU

Is the soft landing for the US economy, that even the US Federal Reserve had doubts could be achieved, coming into view? US Treasury Secretary Janet Yellen seems to think so: She said last week she sees a path for the US economy to avoid recession, ...

Risks remain, though. The IMF notes an escalation of the war in Ukraine remains a major source of vulnerability, particularly for Europe and lower-income countries