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Unfortunately, the evidence for this type of program being effective is some of the weakest data I have ever seen in my professional life.
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The bond market rallied on the weak data.
There was also weak data on industrial production.
In response to the weak data, the European Central Bank has hinted it will begin a programme of credit easing before spring.
A downgrade might also have implications for Europe, which has recently released weak data on economic growth.
One reason is that China, the biggest importer, has produced a string of weak data.
Economists said the weak data could simply reflect a pause after two years of brisk expansion.
Hurt by weak data from purchasing managers, the euro shed 0.9% against the American dollar.
[Page A1.] Shares Rally on Hopes for Rate Cut Stocks rallied after weak data on jobs and manufacturing for October raised expectations of an interest rate cut next week.
This is because each reviewer wants to make a good impression on the journal editor by displaying impartiality and by not missing or glossing over weak data.
Weak data on home sales and factory activity on Thursday showed the economy stuck in a slow-growth gear.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com