US services growth slowed in October while the 12-month average prices index hit its highest level since April 2023.
The ISM services headline PMI fell to 54.5 from 54.9, remaining above the 50 expansion threshold.
Tariffs and fuel costs were cited as primary supply-chain issues affecting businesses.
The Federal Reserve held its target interest rate range at 3.75% to 4% ahead of the report.
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