Central Banks hold rates steady as oil prices rebound following extended cuts

Central Banks hold rates steady as oil prices rebound following extended cuts

United States    ISM Services PMI Economic activity in the US services sector continued to expand in August, marking the eighth consecutive month of expansion. The ISM service PMI rose from 52.7 to 54.5, coming in above market expectations of 52.5 and reaching a 6-month high. The reading also signaled renewed inflationary pressures as input prices …

The post Central Banks hold rates steady as oil prices rebound following extended cuts appeared first on Kuwait Times.