The unexpected fall in the ISM manufacturing index in February still leaves it on a gradual upward trend, but the more important news for the Fed is that there is still no sign that a material rebound in goods price inflation is in the pipeline.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services