After todays ADP employment data and other indicators the jury is still out if te Fed next week is going to lower the Fed rate by 25 or 50 basis points. As of today, my prediction is 25 bps. But then again, we are waiting for important employment data on Friday. If there is a weakness in the data, 50 bps might be more likely. We shall see, for now my money is on 25 bps.
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