Rate-Hike Odds Rise As US Services Surveys Disappoint: Growth Strong But Inflation Stronger

Rate-Hike Odds Rise As US Services Surveys Disappoint: Growth Strong But Inflation Stronger Following the mixed (but strong) Manufacturing survey data for October (ISM up, S&P down), the Services sector survey data this morning more unequivocal. S&P Global US Services disappointed , falling from 58.8 to 56.1 (and worsening from the flash print of 57.9) ISM US Services also disappointed , falling…

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