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US Rate-Cut Optimism Sustains Rally; Fed Chair Frontrunner Is Hassett | Bloomberg Brief 11/26/2025

DeFi Daily News by DeFi Daily News
November 26, 2025
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US Rate-Cut Optimism Sustains Rally; Fed Chair Frontrunner Is Hassett | Bloomberg Brief 11/26/2025
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US equity futures rise as expectations for interest-rate cuts increase ahead of the Thanksgiving holiday. NEC Director Kevin Hassett becomes the top pick for Fed Chair as the search enters its final weeks. UK Chancellor Rachel Reeves will deliver the budget today. Jordan Rochester of Mizuho Bank expects a Fed cut in December.

Chapters:
00:00:00 – Bloomberg Brief 11/26/2025
00:01:50 – First Look Movers
00:03:25 – Stocks Extend Rally with Rate-Cut Optimism
00:07:13 – UK Chancellor Reeves To Deliver Autumn Budget Today
00:11:13 – Russia Confirms Witcoff’s Visit for Next Week
00:13:58 – Trending on the Terminal
00:15:44 – HP To Slash Workforce in AI Push
00:18:57 – Front Page News
00:23:07 – First Look Movers
00:24:24 – Deluge of Economic Data Today
00:25:21 – Hassett Becomes Fed Chair Frontrunner
00:27:35 – Mizuho Bank’s Rochester: Expect Fed December Rate Cut
00:34:15 – Trending on the Terminal
00:36:36 – Trump Dispatches Aides for More Ukraine Peace Talks
00:39:59 – Americans Brace for Thanksgiving Travel Rush
00:42:28 – What To Watch
——–
More on Bloomberg Television and Markets

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Tags: Benedikt KammelBloombergChairChloe MeleyDonald TrumpfedFrontrunnerGeopoliticsGreg SullivanHassettJordan RochesterLizzy BurdenMizuho SecuritiesOptimismRallyRateCutStock market newsStock Market OutlookStuart PaulsustainsSuzanne LynchTom MackenzieVen RamVonnie Quinn
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