US ADP Employment Change (September 2025): -32k (Forecast 50.5k, Previous 54k, Revised -3k)
Markets add to bets on two more Fed rate cuts this year, US Dollar weakens. ADP notes in its commentary that the strong labour market seen earlier in the U.S. has weakened, giving way to business uncertainty and a gradual hiring freeze now being observed. Source: xStation5
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