United States S&P Global Composite PMI below forecasts (54.8) in November: Actual (54.2)

Dec 3, 2025

United States S&P Global Services PMI registered at 54.1, below expectations (55) in November

US Treasury’s Bessent: Regional Fed banks don't necessarily represent their districts

US Treasury Secretary Scott Bessent said on Wednesday that he is advocating that regional Federal Reserve (Fed) bank presidents must have lived in their district for three years, per Reuters.