{"id":44199,"date":"2026-04-06T22:17:26","date_gmt":"2026-04-06T22:17:26","guid":{"rendered":"https:\/\/www.vtmarketsglobal.com\/en\/uncategorized\/44199\/"},"modified":"2026-04-06T22:17:26","modified_gmt":"2026-04-06T22:17:26","slug":"in-march-us-ism-services-prices-paid-rose-to-70-7-up-from-63-previously","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/live-updates\/44199\/","title":{"rendered":"In March, US ISM services prices paid rose to 70.7, up from 63 previously"},"content":{"rendered":"The US ISM Services Prices Paid index rose to 70.7 in March from 63. This points to faster price growth for inputs in the services sector compared with the previous month.\n\nThe jump in the ISM services prices paid to 70.7 is a significant signal of resurgent inflation. This figure, coming in well above expectations, indicates that price pressures in the largest part of the economy are accelerating, not cooling. For us, this data strongly suggests the Federal Reserve will be forced to maintain a hawkish stance in the coming weeks.\n\n<h3>Implications For Fed Policy<\/h3>\n\nWe must now seriously reconsider the market&#8217;s pricing for interest rate cuts this year. Following the recent March Core CPI report which came in hot at 3.9%, this services data reinforces the idea that the Fed&#8217;s job is not done. Derivative positions should lean towards a higher-for-longer rate environment, making short positions in Fed Funds or SOFR futures an increasingly logical play.\n\nThis data is also a headwind for equity markets, particularly for growth and tech stocks sensitive to interest rates. We should anticipate increased volatility and potential downside pressure on indices like the Nasdaq 100. In 2025, we saw how sticky inflation data led to sharp, albeit temporary, market corrections, making protective put options on the QQQ or SPY a prudent strategy.\n\nIn the currency markets, this reinforces the case for a stronger U.S. dollar. The policy divergence between a hawkish Fed and other more dovish central banks is likely to widen. We should look to favor long dollar positions against currencies like the Euro or Swiss Franc, as their respective central banks remain on a path toward easing.\n\n<h3>Positioning And Market Risks<\/h3>\n\n<b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>\u00a0and\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>\u00a0now. <\/b>\n<p>\r\n\r\n<p><strong>Start trading now &#8211; Click <a href=\"https:\/\/www.vtmarketsglobal.com\/en\/trade-now\/\">here<\/a> to create your real VT Markets account <\/strong> <\/p>\r\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>ISM Services Prices Paid jumped to 70.7 in March from 63, indicating faster services-sector input inflation.<\/p>\n","protected":false},"author":38,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46],"tags":[],"class_list":["post-44199","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"josephine","author_link":"https:\/\/www.vtmarketsglobal.com\/en\/author\/josephine\/"},"_links":{"self":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/44199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/comments?post=44199"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/44199\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=44199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=44199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=44199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}