US employment data shocked markets as 258,000 jobs were erased through major downward revisions, fueling expectations for a September Fed rate cut and raising the prospect of a larger-than-expected policy move.
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#USEmployment #FederalReserve #RateCut #DownwardRevision #DBFinancialInvestment
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=75310
Brokerages Warn of '260,000 Vanished US Jobs Shock—September Big Cut on the Table'

US employment data shocked markets as 258,000 jobs were erased through major downward revisions, fueling expectations for a September Fed rate cut and raising the prospect of a larger-than-expected policy move.

Yonhap Infomax
US July jobs report stunned markets as May and June payrolls were sharply revised down by 258,000, with government and service sectors driving the adjustment amid survey and seasonal model issues.
#YonhapInfomax #NonfarmPayrolls #USDepartmentOfLabor #DownwardRevision #LeisureAndHospitality #GovernmentEducationEmployment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=75255
US July Jobs Report Revision Shocks Markets—What Caused the Downward Adjustment

US July jobs report stunned markets as May and June payrolls were sharply revised down by 258,000, with government and service sectors driving the adjustment amid survey and seasonal model issues.

Yonhap Infomax
South Korea's economic growth forecast for 2023 faces significant downward revision as Deputy Prime Minister Choo warns of lower-than-expected performance amid global economic challenges.
#YonhapInfomax #EconomicGrowthRate #SouthKorea #DownwardRevision #IMF #GlobalInvestmentBanks #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=60709
Deputy Prime Minister Choo - 'This Year's Growth Rate May Be Significantly Revised Downward from Initial Expectations'

South Korea's economic growth forecast for 2023 faces significant downward revision as Deputy Prime Minister Choo warns of lower-than-expected performance amid global economic challenges.

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Moody's signals potential further reduction in South Korea's economic growth outlook, citing ongoing global uncertainties and domestic challenges
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https://en.infomaxai.com/news/articleView.html?idxno=60354
Moody's - 'Further Downward Revision Possible for South Korea's GDP Growth Forecast This Year'

Moody's signals potential further reduction in South Korea's economic growth outlook, citing ongoing global uncertainties and domestic challenges

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