![Poor PMI Data weigh on Soft Landing narrative](/sites/default/files/styles/teaser_image_max715/public/2023-08/24_2023_08_24_%20Blog_Teaser.jpg.webp?itok=pRQshcgO)
Poor PMI data weigh on soft landing narrative
Felipe Villarroel shares his thoughts on the recently released preliminary PMI data, which he concludes is a reminder that the hiking cycle only started 18 months ago and there are lags that are yet to be felt in the real economy, reiterating some of his previous views.