Daily brief: September 1, 2026
2 releases today: Fed Governor Michael Barr speech (Sept; and ISM Manufacturing PMI. 6 figures below, each with the source it came from and whether it was found there.
Fed Governor Michael Barr speech (Sept. 1)
Barr said inflation “remains too high — and has been for over five years,” that progress from a 2022 peak above 7 percent “stalled in 2025,” and that tariffs, the Middle East conflict, and the AI buildout pushed the path off course. On the September 15–16 FOMC: if incoming data give him confidence inflation is moderating toward 2 percent, “we can take a bit more time”; if it “appears not to be moderating sufficiently,” “we should act decisively to raise rates.” Labor market described as stable with relatively low unemployment.
- Inflation peak, 2022
- 7%
- Federal Reserve inflation target
- 2%
Source: Federal Reserve prepared text — Second-Chance Lending Forum, Washington, D.C.
all 2 figures found at the source
- found Inflation peak, 2022 = 7% — at Second-Chance Lending Forum, Washington, D.C.
- found Federal Reserve inflation target = 2% — at Second-Chance Lending Forum, Washington, D.C.
ISM Manufacturing PMI — August 2026 (released 10:00 a.m. ET Sept. 1)
PMI 54.6 vs 55.6 in July vs 55.2 consensus. Eighth consecutive month of expansion. New orders 53.7 from 56.7; production 58.3 from 58.5; employment 51.2 from 52.8. Prices index unchanged at 71.1; supplier deliveries 59.3.
- ISM manufacturing PMI
- 54.6
- New orders
- 53.7
- Employment
- 51.2
- Prices
- 71.1
Source: ISM Manufacturing PMI Report — prnewswire.com.
all 4 figures found at the source
- found ISM manufacturing PMI = 54.6 — at prnewswire.com
- found New orders = 53.7 — at prnewswire.com
- found Employment = 51.2 — at prnewswire.com
- found Prices = 71.1 — at prnewswire.com
3 further items were researched for this day and held back: their figures could not be found at the named source by the automated pass, so they are not published here.
Items summarise what the named sources published in the window; they are not this site's own findings. Figures are as those sources printed them. The methodology says how this page is made and what is checked.