U.S. ISM Services Prices Paid Index vs. U.S. CPI Inflation (Leading Indicator)
The U.S. ISM Services Prices Paid Index tends to lead U.S. CPI inflation by 2 months. Are Fed rate cuts still likely in 2024?
Image: Deutsche Bank
The U.S. ISM Services Prices Paid Index tends to lead U.S. CPI inflation by 2 months. Are Fed rate cuts still likely in 2024?
Image: Deutsche Bank