🇺🇸Last Prices Data Point Preceding The Fed: ISM PMIs

• The ISM svcs PMI for April release fell to 57.1, missed estimates for 58.5. The prices paid index ticked higher to a record 84.6, prev. 83.8. This is a divergence from the manufacturing index, which saw prices easing to 84.6 from a previous 87.1 and off the above 90.0 readings seen last year