US maintains growth momentum with warning signs of inflation
Market pricing of potential Fed rate cuts continues to soften in the wake of robust data
Softer US services growth favours further Fed rate cuts
Cooling business activity in an environment of subdued job creation should give the Fed the confidence to cut interest rates later this month
Manufacturing and construction slowdown puts the focus on US services
Construction is cooling and manufacturing is contracting, suggesting if the US economy is going to continue growing strongly it will all be down to services
Broad-based weakness in the ISM services index coupled with an upward trend in jobless claims suggests that the pieces are falling into place for a September…
Business surveys remain weaker than official data, making the Fed's job harder
US service sector price pressures cool as activity slows
US services sector is growing, but job concerns are mounting
ISM services rebound, but continue to track weaker than official US data
