Growth, Inflation and Unemployment Expected to Converge Around Structural Levels

In focus today US final services PMIs for August are due. The August flash release increased markedly for the second month in a row to the highest level since December 2024. The details pointed to solid demand, rising backlogs and firmer hiring, while output charge inflation eased to a six-month low despite still-elevated input cost […] The post Growth, Inflation and Unemployment Expected to Converge Around Structural Levels appeared first on ActionForex.