What ISM PMI Is & June’s Preview

📊 What ISM PMI Is & June’s Preview Definition: The ISM Manufacturing Purchasing Managers’ Index (PMI) is a key monthly survey that gauges new orders, production, employment, supplier deliveries, and inventories. A reading above 50 signals expansion, while below 50...

Persistent Inflation and Strong Dollar

On December 18, 2024, the Federal Reserve announced a 25-basis-point cut to its benchmark interest rate, lowering the target range to 4.25% to 4.5%. This move marked the third rate reduction of the year as the Fed seeks to navigate a complex economic landscape...