Vanguard's Joe Davis stated in a report that it is expected that the Federal Reserve will choose a small 25 basis point rate cut at next week's meeting, especially if the US non-farm employment data shows that the job market remains robust. Friday's employment report is the final important economic indicator before the Federal Reserve makes a decision next Thursday. "Despite the impact of Hurricane Helen and the Boeing strike, we expect the labor market to continue to maintain strong momentum," said the global chief economist.