If the dow didn't jump big last night a cut today was almost certain. Probably like 50 points, as if they did only 25 points the nasty banks probably would have kept it all.
Now i think they might just sit on the fence for another month.
Personally i dont think we need a cut yet, as there is not much ammo left, best to save for a rainy day.
I expect RBA to leave on hold
$50 here we come..., page-159
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