US ISM Services Prices (Dec) 64.3 vs. Exp. 65.5 (Prev. 65.4)
Newsquawk Staff ·
US ISM Services Prices (Dec) 64.3 vs. Exp. 65.5 (Prev. 65.4)
What it means
The US ISM Services Prices index for December came in at 64.3, below expectations of 65.5 and slightly down from the previous 65.4. This miss could indicate easing inflationary pressures in the services sector, which may influence future Federal Reserve policy decisions regarding interest rates.
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