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Service sector inflation pressures are less pronounced, Liz Thomas notes

Service sector inflation pressures are less pronounced, Liz Thomas notes
Fed surveys reveal weak service inflation

Liz Thomas observes that, unlike manufacturing firms, regional Federal Reserve surveys show that services companies are experiencing a less pronounced inflationary trend.

She points out that while there is some cost pressure in these firms, their confidence in being able to pass higher costs on to buyers remains limited.

In recent coverage, Liz Thomas noted that the S&P 500 rose to a new intraday high following several rebounds earlier this year. She has also reported that U.S. real 30-year Treasury yields climbed above 3.07 percent, reaching levels last seen in 2002. These developments provide context for her views on inflation pressures in the service sector.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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