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Manufacturing survey signals inflation pressures that raise Fed focus
The report described a volatile environment where purchasing managers said price pressures were worse than the pandemic era, keeping inflation in view for Fed policy.
CNBC Economy cited manufacturing survey commentary suggesting inflation concerns have intensified, describing conditions as worse than the pandemic era.
The outlet said purchasing managers have been struggling to stay ahead in a highly volatile environment, pointing to continued pricing pressure in the manufacturing sector.
The developments add to the backdrop for Federal Reserve decision making, where inflation dynamics remain a key driver of rate expectations.