ISM Services PMI
Services Inflation Resurges as ISM Prices Index Hits 42-Month High, Putting Fed Rate Cuts in Jeopardy
The U.S. service sector, the primary engine of the domestic economy, delivered a sobering message to markets this week as the Institute for Supply Management (ISM) released its March 2026 Services PMI report. While the headline figure of 54.0% indicated a 21st consecutive month of expansion, the internal