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Jinse Finance reported that Michael Brown, Senior Research Strategist at London-based Pepperstone, stated: "To be honest, I don't think this will really have much impact on the market or the Federal Reserve's policy outlook. (The employment data) is obviously a significant downward revision, which makes you believe that the labor market is stagnating, or at least losing momentum for longer than we previously expected, but that's all you can really see from the data." "These data are quite lagging, so they won't have much impact on the Fed's policymakers. They are still expected to cut rates by 25 basis points next Wednesday, and there will be little impact on the market as well—swap rates have barely changed since the data was released." "If there's any lesson to be learned here, it's that the U.S. Bureau of Labor Statistics (BLS) really needs to improve its data collection methods as soon as possible, since this is the second consecutive year of significant downward benchmark revisions. However, Trump clearly has his own ideas—perhaps not entirely appropriate—about how they should do this."