U.S. flash PMI signals sustained strong growth and further inflation uplift in October
FROM THE WIRE · SEEKINGALPHA.COM
October’s flash PMI data indicate that the US economy continues to boom at the start of the fourth quarter. Read more here.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralStrong PMI data and price pressures can shape rate expectations and the dollar.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01October flash PMI data indicate the US economy continues to grow.
- 02Activity appears to be expanding at the start of the fourth quarter.
- 03The indicators also point to further inflation uplift.