Latest / Markets with Megan: A Quick Financial Markets Update
Supply Chains Behave While Prices Misbehave | S3 E156 | 08-05-26
The July ISM Services report is in, and it's giving the Fed a mixed signal ahead of its September rate decision. Megan Horneman breaks down why the headline number came in slightly below expectations, what eased supply chain pressures actually tell us, and why the prices paid component just jumped back above 70 for the fourth time in five months.
At the same time, the employment component fell back into contraction territory, something it's now done in 12 of the past 18 months. That combination of rising prices and a softening labor market is exactly the kind of tension the Fed has to weigh…
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