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VIDEO: Rate Cut Will 'Come Down to the Wire' as Fed Sends Mixed Messages
ADP's August jobs figures missed expectations, but it's far from certain how the Federal Reserve will respond.
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Even with ADP Employment and Jobless Claims data, Chris Versace says the latest ISM Services print will help determine Thursday's trading activity.
Ahead of Friday's non-farm payrolls print, he believes looking at revised jobs numbers from the summer paints a picture of a continued slowing in the labor market. For the Fed's rate cut odds, Chris says it's "going to come down to the wire" as mixed messages continue to be shared from Fed governors.
