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US ISM Services Employment (Dec) 52.0 vs. Exp. 48.7 (Prev. 48.9)

Newsquawk Staff ·

US ISM Services Employment (Dec) 52.0 vs. Exp. 48.7 (Prev. 48.9)

What it means

The US ISM Services Employment index printed at 52.0 in December, significantly above the expected 48.7 and the previous month's 48.9. This stronger-than-expected result suggests an improvement in employment conditions within the services sector, indicating potential resilience in economic activity and possibly influencing monetary policy towards a more hawkish stance.

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