Wall Street
Wall Street Cheers as Cooling PCE Data Ignites Fed Rate-Cut Optimism
Wall Street is experiencing a significant uplift, with major indexes posting gains, as fresh Personal Consumption Expenditures (PCE) data has substantially bolstered expectations for forthcoming Federal Reserve interest rate cuts. This pivotal inflation report, released on December 5, 2025, after a notable delay, has provided a renewed sense of optimism,