US ISM Services Misses as Prices Jump to 2022 High, Jobs Contract on Iran Oil Shock

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US ISM Services PMI slowed in March, but the bigger signal came from inflation, with prices surging to the highest level since 2022 as the Iran-driven oil shock feeds through the economy. The headline index fell from 56.1 to 54.0, missing expectations of 55.0, pointing to moderating growth even as cost pressures intensify. Under the […]The post US ISM Services Misses as Prices Jump to 2022 High, Jobs Contract on Iran Oil Shock appeared first on ActionForex.