The Fed and the jobs report

Will JPow do what everyone is expecting? And what will the jobs report say?

This will be a busy week in terms of potential market-moving news. First up is the Fed on Wednesday, which is expected to post a 25 bps rate hike. This is continued deceleration from 75 bps in November to 50 bps in December and, now, 25 bps in February. The CME FedWatch Tool has a probability of the 25 bps hike, but for the first time now has a, very mi…