The latest US economic data presents a mixed outlook as the September S&P Composite PMI increased to 53.9, while the Services PMI reached 54.2, both indicating growth in the services sector. In contrast, the ISM Non-Manufacturing PMI dropped to 50.0, suggesting a neutral stance between expansion and contraction. This divergence in PMI readings has introduced uncertainty in financial markets, prompting investors to consider potential impacts on Federal Reserve policy and Bitcoin's price movements.
US Economic Data Shows Mixed Signals with Diverging PMI Readings
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