tweet at 10:21am: FED'S DALY: DO NOT SEE RATE CUTS IN 2023 tweet at 10:21am: FED'S DALY: FOR US THE PATH IS CLEAR: WE ARE GOING TO RAISE RATES TO RESTRICTIVE TERRITORY, THEN HOLD THEM THERE FOR A WHILE #News #Forex #US tweet at 10:20am: FED'S DALY: I SEE DEMAND CONTINUES TO ACCOUNT FOR APPROXIMATELY 50% OF INFLATION. tweet at 10:20am: FED'S DALY: WE MUST BE PREPARED FOR INFLATION TO BE MORE PERSISTENT THAN WE ANTICIPATE. tweet at 10:29am: FED'S DALY: IF FRIDAY'S DATA SHOWS THAT HIRING IS SLOWING, THAT WOULD BE WELCOME NEWS.
The September 2022 Services ISM® Report On Business® is reasonably strong as expected in this corner but the comments ring true to what's happening. Key Points • “The Supplier Deliveries Index registered 53.9 percent, 0.6 percentage point lower than the 54.5 percent reported in August. (Supplier Deliveries is the only ISM® Report On Business® index that is ...