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Tuesday, September 02, 2014

Fed Watch: Solid Start to September

Tim Duy:

Solid Start to September, by Tim Duy: The ISM manufacturing report came in ahead of expectations with the strongest number since 2011:

ISMa090114

Moreover, strength was evident throughout the internal components:

ISM090114

Note too that the report is consistent with other manufacturing numbers:

ISMb090114

If this is a taste of the data to expect this fall, it is tough to see how the Fed will be able to maintain their "considerable period" language much longer.

    Posted by on Tuesday, September 2, 2014 at 11:49 AM in Economics, Fed Watch, Health Care, Monetary Policy | Permalink  Comments (6)

          


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