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

Potential TikTok Bidder Frank McCourt Says He Is Seeking A New CEO For The Company; TikTok Could Earn Revenue From Ecommerce And Data Licensing, Reduce Reliance On Ads

Benzinga17minutes 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

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,...

Benzinga22minutes ago

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

Benzinga25minutes ago