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



