- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
MyStonks Research Institute: US Non-Farm Payrolls Data Significantly Revised Downward, CPI and Fed Decision in Focus
BlockBeats News, September 10th, the U.S. government said on Tuesday that in the 12 months ending in March of this year, the actual number of new jobs in the United States may have been reduced by 911,000 from previous estimates. This revision shows that job growth was already weakening before Trump imposed tariffs on imported goods.
Previously, economists had expected that the U.S. Bureau of Labor Statistics (BLS) might reduce the level of employment from April 2024 to March 2025 by 400,000 to 1 million jobs. The level of employment from April 2023 to March 2024 had already been reduced by 598,000 jobs. This benchmark revision follows last Friday's report—job growth in August was almost stagnant, and June even saw the first job decline in four and a half years.
Analysis from the MyStonks Research Institute suggests that the labor market is not only affected by trade policy uncertainty but also under pressure due to the White House's tightening immigration policy, limiting labor supply. At the same time, businesses accelerating the application of artificial intelligence and automation have also restrained the demand for manpower.
Most economists believe that the downward revision of employment data has limited impact on monetary policy. The Fed is expected to resume rate cuts in the early hours of September 19th (Thursday, Beijing time), after pausing the easing cycle in January due to tariff uncertainty.
The MyStonks Research Institute will continue to monitor the CPI data released on September 11th to further assess the Fed's policy path.
You may also like
Crypto Price Prediction Today 18 February – XRP, Bitcoin, Ethereum
Key Takeaways XRP’s potential as a replacement for SWIFT is bolstered by regulatory approvals, potentially driving its price…
XRP Price Prediction: XRP is Outpacing Solana and Targeting Binance Coin Next – Should You Invest Now?
Key Takeaways XRP Ledger has moved into the sixth place by tokenized real-world asset value, surpassing Solana and…
New AI Predicts the Price of XRP, Dogecoin, and Solana By 2026
Key Takeaways ChatGPT anticipates significant price increases for XRP, Dogecoin, and Solana by the end of 2026. XRP…
Arthur Hayes Shares Two Scenarios for Bitcoin Price, Calling for a Major Crypto Rally
Key Takeaways Arthur Hayes predicts a significant crypto rally fueled by a $572 billion liquidity injection from the…
Bitcoin Price Prediction: Abu Dhabi Gov Funds Buy $1 Billion in BTC – What Do They Know?
Key Takeaways Abu Dhabi has revealed a $1 billion stake in Bitcoin through major ETF investments, signaling strong…
Bitcoin’s Divergence From Nasdaq Signals Dollar Liquidity Risk, Says Arthur Hayes
Key Takeaways Arthur Hayes highlights a concerning divergence between Bitcoin and the Nasdaq, pointing to a potential dollar…
Lagarde’s Possible Early Exit Could Alter Digital Euro Plans and Stablecoin Oversight
Key Takeaways Christine Lagarde’s potential departure as ECB president may disrupt the digital euro timeline and stablecoin policies.…
HYLQ Strategy Invests in Hyperliquid Quantum Solutions Pioneer qLABS, Acquires 18,333,334 qONE Tokens
Key Takeaways HYLQ Strategy Corp has made a strategic investment in qLABS, purchasing over 18 million qONE tokens…
WLFI Crypto Surges Toward $0.12 as Whale Purchase Precedes Trump-Linked Forum
Key Takeaways Whale accumulation has spurred a rally in WLFI crypto prices, reaching towards $0.12 ahead of a…
Cathie Wood Reverses Path with $6.9 Million Purchase in Coinbase Stock – Is ARK Strategizing a Rebound?
Key Takeaways ARK Invest acquires 41,453 shares of Coinbase, showing renewed interest post recent divestment. This acquisition by…
Crypto Lobby Establishes Working Group to Advocate for Prediction Market Regulatory Clarity
Key Takeaways The Digital Chamber announced the Prediction Markets Working Group to promote federal oversight of prediction markets.…
Peter Thiel Discreetly Withdraws from Ethereum Treasury Venture ETHZilla – A Cautionary Note for the DAT Model?
Key Takeaways Peter Thiel and Founders Fund have completely exited their position in ETHZilla. Thiel’s withdrawal raises questions…
Coin Center Advocates Protecting Crypto Developer Liability
Key Takeaways Coin Center is actively lobbying the U.S. Senate to safeguard crypto developer liability protections. The ongoing…
$150B in US Tax Refunds Could Catalyze Fresh Crypto Inflows, Historical Trends Indicate
Key Takeaways The IRS anticipates distributing approximately $150 billion in tax refunds to U.S. consumers by the end…
Oracle Error Leads DeFi Lender Moonwell to $1.8 Million in Bad Debt
Key Takeaways A critical oracle pricing glitch caused Moonwell to incur nearly $1.8 million in bad debt. The…
Crypto Price Prediction Today 18 February – XRP, Solana, Dogecoin
Key Takeaways XRP targets a $5 move, driven by its role as an alternative to SWIFT for cross-border…
China’s DeepSeek AI Predicts the Price of XRP, PEPE, and Shiba Inu By the End of 2026
Key Takeaways DeepSeek AI suggests significant potential price increases for XRP, PEPE, and Shiba Inu by 2026. XRP…
XRP Battles Key Support Amid Grayscale Sentiment Surge
Key Takeaways XRP has experienced a 29% price drop recently, creating a tense atmosphere among traders eyeing key…
Crypto Price Prediction Today 18 February – XRP, Bitcoin, Ethereum
Key Takeaways XRP’s potential as a replacement for SWIFT is bolstered by regulatory approvals, potentially driving its price…
XRP Price Prediction: XRP is Outpacing Solana and Targeting Binance Coin Next – Should You Invest Now?
Key Takeaways XRP Ledger has moved into the sixth place by tokenized real-world asset value, surpassing Solana and…
New AI Predicts the Price of XRP, Dogecoin, and Solana By 2026
Key Takeaways ChatGPT anticipates significant price increases for XRP, Dogecoin, and Solana by the end of 2026. XRP…
Arthur Hayes Shares Two Scenarios for Bitcoin Price, Calling for a Major Crypto Rally
Key Takeaways Arthur Hayes predicts a significant crypto rally fueled by a $572 billion liquidity injection from the…
Bitcoin Price Prediction: Abu Dhabi Gov Funds Buy $1 Billion in BTC – What Do They Know?
Key Takeaways Abu Dhabi has revealed a $1 billion stake in Bitcoin through major ETF investments, signaling strong…
Bitcoin’s Divergence From Nasdaq Signals Dollar Liquidity Risk, Says Arthur Hayes
Key Takeaways Arthur Hayes highlights a concerning divergence between Bitcoin and the Nasdaq, pointing to a potential dollar…
App