Wall Street Rallies on Inflation Optimism

11/12/2024 14 min
Wall Street Rallies on Inflation Optimism

Listen "Wall Street Rallies on Inflation Optimism"

Episode Synopsis

GEX Gamma indicator:👉 Get a 10% discount plus a 7-day free trial on all options indicators atwww.tanukitrade.com using code "BullBearInshights" at check out! 🚀💰TradingView News reported that Wall Street experienced a rally due to positive inflation data, which aligns with expectations and suggests the Federal Reserve will continue reducing interest rates. While a rate cut is anticipated next week, experts foresee a more cautious approach in 2025 given persistent inflation. The SPDR S&P 500 ETF Trust (SPY) increased by 0.6% reflecting the overall market optimism. Investors now await the Fed's decision on future monetary policy adjustments.📊 For detailed charts and full technical analysis, visit:👉 TradingView Profile - BullBearInsights: tradingview.com/u/bullbearinsightsStay ahead of the market and access expert insights to guide your trading decisions! Hosted on Acast. See acast.com/privacy for more information.