BofA institute Total Card Spending (w/e Apr 18) +3.3% (vs last week's +2.6% Y/Y; vs +4.3% during March)

The increase in Total Card Spending suggests a slight acceleration in consumer spending pace, moving from last week's +2.6% to +3.3% year-over-year. However, this is still below the stronger growth of +4.3% seen in March, indicating potential cooling in consumer enthusiasm. This data could have implications for economic growth forecasts and monetary policy considerations moving forward.