US S&P Global Services PMI Flash (Feb) 52.3 vs. Exp. 53 (Prev. 52.7, Low. 53.0, High. 53.8)
The flash reading of the US S&P Global Services PMI for February at 52.3 is below expectations of 53, signaling a slight slowdown in service sector growth compared to January's 52.7.
White House official says US President Trump to travel to China from March 31st to April 2nd
Fed's Bostic (retiring hawk) says business in the Southeast of the US sees no sign of a sharp economic downturn
US S&P Global Services PMI Flash (Feb) 52.3 vs. Exp. 53 (Prev. 52.7, Low. 53.0, High. 53.8)
Magnitude 5.3 earthquake 73km from Mutsu, Japan
US President Trump says he is considering a limited strike on Iran
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This miss could add pressure on the Federal Reserve's rate path, as it reflects weaker-than-anticipated activity, hinting at a cautious outlook for growth and potential implications for inflation and monetary policy moving forward.
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