{"id":8343,"date":"2025-01-17T22:17:09","date_gmt":"2025-01-17T22:17:09","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=8343"},"modified":"2025-01-17T22:17:09","modified_gmt":"2025-01-17T22:17:09","slug":"wall-street-rallies-as-inflation-fears-recede-banks-smash-earnings-bitcoin-reclaims-100000-this-week-in-the-markets","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=8343","title":{"rendered":"Wall Street Rallies As Inflation Fears Recede, Banks Smash Earnings, Bitcoin Reclaims $100,000: This Week In The Markets"},"content":{"rendered":"<div>\n<p>A benign December inflation report was all it took to ignite another strong rally on Wall Street, with major indices delivering their best weekly performance since the post-election <a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/25\/01\/43064144\/wall-street-roars-ahead-of-trumps-inauguration-intel-rallies-bitcoin-tops-105000-whats-driving-markets-friday\">surge in early November.<\/a><\/p>\n<p>Heading into the week, markets were gripped by concerns over inflation and interest rates, pricing in just one rate cut by year-end while the 30-year Treasury <a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/25\/01\/42990155\/5-yields-fuel-demand-treasury-etfs-despite-bond-market-pain-relief-rally\">yield hovered around 5%.<\/a><\/p>\n<p>Fresh data showed inflation rising for the third straight month up to 2.9%, yet right in line with forecasts. A softer core reading \u2014 excluding food and energy \u2014 gave traders hope that the Fed might cut rates at <a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/25\/01\/43003047\/stocks-rise-on-core-inflation-slowdown-banks-rally-after-strong-q4-earnings-treasury-yields-plummet\">least twice this year.<\/a><\/p>\n<p>Adding fuel to the bull run, major banks kicked off the fourth-quarter 2024 &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/43068335\/wall-street-rallies-as-inflation-fears-recede-banks-smash-earnings-bitcoin-reclaims-100000\" alt=\"Wall\" street rallies as inflation fears recede banks smash earnings bitcoin reclaims this week in the markets>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A benign December inflation report was all it took to ignite another strong rally on Wall Street, with major indices delivering their best weekly performance since the post-election surge in early November. Heading into the week, markets were gripped by concerns over inflation and interest rates, pricing in just one rate cut by year-end while [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-8343","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8343"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8343\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}