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Bets surge on Kevin Hassett becoming next Fed chair
Bets on Kevin Hassett becoming the next Federal Reserve chair have surged over the last 24 hours, placing him as clear favorite to succeed Jerome Powell next year. Traders on the Kalshi prediction exchange now see a 54% chance that President Donald Trump will choose the current White House National Economic Council Director to take over leadership of the U.S. central bank when Powell's term ends in May 2026. The Kalshi odds show that Hassett has for a few weeks become the most likely to be nominated by Trump, as Fed governor Christopher Waller and former governor Kevin Warsh fell away. The new bump in bets on Hassett ... (full story)
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From bbc.com|Nov 26, 2025Canada's Prime Minister Mark Carney appears in no rush to resume trade talks with the US. He dismissed a question over the weekend about when he last spoke to US President Donald ...
From ecb.europa.eu|Nov 26, 2025Stretched valuations in increasingly concentrated asset markets raise risk of sharp price adjustments Fiscal challenges in some advanced economies could test investor confidence ...
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From dailyforex.com|Nov 26, 2025|1 commentBitcoin slid again on Tuesday as volatility persists and sentiment remains fragile. The $80,000 level stands out as a critical support zone, with structural pressures and ...
From @FirstSquawk|Nov 26, 2025|39 commentsUK'S OFFICE FOR BUDGET RESPONSIBILITY OUTLOOK: REAL GDP IS FORECAST TO GROW BY 1.5 PER CENT ON AVERAGE OVER THE FORECAST, 0.3 PERCENTAGEPOINTS SLOWER THAN WE PROJECTED IN MARCH, DUE TO LOWER UNDERLYING PRODUCTIVITY GROWTH UK OBR ECONOMIC AND FISCAL OUTLOOK: CURRENT BUDGET SURPLUS MARGIN 21.7 BLN STG IN 2029-30 VS 9.9 BLN STG IN MARCH OMG has the OBR document just leaked? Reuters reporting details from inside the Budget NOW. Blimey. pic.twitter.com/nYv1CuXcca The OBR has broken **the entire Budget**. It's extraordinary. Completely unprecedented. Hyperbole doesn't do it justice Reeves will unveil £26billion in tax rises, ultimately leaving her with £22billion worth of fiscal headroom * The tax burden will hit a record 28 per cent as…
Economic and fiscal outlook This Economic and fiscal outlook (EFO) sets out our central forecast and the uncertainties that surround it for the five years to 2030-31, taking account of recent data and government policies announced since our last forecast and up to and including the November 2025 Autumn Budget. The forecasts presented in this document represent our collective view as the three independent members of the OBR’s Budget Responsibility Committee (BRC). We take full responsibility for the judgements that underpin them and for the conclusions we have reached. As always, we have been greatly supported in our work by the staff of the OBR. We are very grateful for their hard work and expertise. We have also drawn on the work and expertise of officials across government in preparing these forecasts. We are grateful for their engagement and insight. During the production of this forecast we learned that a respected former colleague, Pavandeep Dhami, sadly passed away. Pav worked at the O
From investopedia.com|Nov 26, 2025The crypto industry's biggest open question—who is Satoshi Nakamoto?—remains unanswered. That hasn't stopped people from guessing. The latest to float the notion that Block (XYZ) ...
