PCE data for November fell short of expectations across the board. Has the Federal Reserve considered the "Trump effect"?

In November, USA's PCE data showed a comprehensive cooldown, and the "third-in-command" of the Federal Reserve stated that there is a lot of uncertainty regarding future fiscal policy. Traders continue to bet that the Federal Reserve will pause interest rate cuts in January next year.

Golden10 DataDec 20 22:07

Wall Street is not afraid of the Federal Reserve's "hawkish interest rate cuts"; will the "Christmas rally" in the U.S. stock market arrive as scheduled?

Wall Street analysts are not overly concerned and believe that Wednesday's sell-off presents a good buying opportunity, and a strong reaction to the Federal Reserve meeting is unlikely to disrupt this year's 'Santa Claus rally' momentum.

Futu NewsDec 20 16:45

Punchbowl's Jake Sherman Posts On X "JOHNSON Said He Has Spoken to President-elect TRUMP About His New Plan." "SCALISE Said This About Timing: "We're Going to Be Deciding That Amongst the Membership. There's a Plan That Gets Us There Today, If Not,...

Benzinga1minutes ago

Trump 2.0 is coming soon! Historically speaking, is it possible for the U.S. stock market to welcome a "Gold era"?

As the 45th President of the USA, Trump's economic policy propositions had a profound impact on the financial markets after his victory in the 2016 presidential election. In particular, the S&P 500 Index surged nearly 70%, experiencing significant changes during Trump's tenure as an important indicator of the performance of the US stock market.

Futu NewsDec 20 19:27

White House Says Republicans Need To Stick With Bipartisan Deal To Keep The Government Open

Benzinga3minutes ago

U.S. Baker Hughes Oil Rig Count +1 At 483; U.S. Baker Hughes NatGas Rig Count -1 At 102

Benzinga3minutes ago