Fed's Evans vis Ransquawk
- see's it is an important data point and doesn't think the market has necessarily over reacted
- is 'open minded' about the next Fed rate meeting
- ISM is only one number
- rate cuts are risk management
- concerned about inflation outlook
The ISM is only one data point which is why the next data releases are going to be in extra focus today - will do a piece on that and publish it next...(subject to important breaking headlines)
