Bloomberg Daybreak: US Edition Traders Eye 2026 Fed Outlook; Trump Insists Smart People Back Tariffs
17 snips
Dec 10, 2025 Guest
Various Bloomberg Reporters (including John Tucker, Amy Morris, Michael Barr)
Guest
Various Bloomberg Reporters (including Michael McKee, Valerie Teitel, Ed Ludlow, John Stashauer)
Bloomberg reporters Michael McKee, Valerie Teitel, Ed Ludlow, and others discuss the market's anticipation of the Fed's 2026 interest rate outlook. They delve into President Trump's defense of tariffs at a Pennsylvania rally, claiming increasing public support. In the entertainment sector, Paramount and Netflix brace for a protracted bidding war over Warner Bros. Discovery, while insights into Wall Street ties from Epstein's emails reveal intriguing connections. Additional highlights include sports updates and local political shifts.
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Traders Focus Beyond The Immediate Cut
- Markets expect a quarter-point Fed cut but focus will be on dissents, the dot plot, and the 2026 outlook.
- Traders will watch how many policymakers dissent and the Fed's unemployment and inflation forecasts for 2026.
Trump Teases Fed Picks And Powell Critique
- At a Pennsylvania rally, Donald Trump mocked Fed Chair Jay Powell and hinted he has a 'pretty good idea' for a replacement.
- Trump also suggested he might remove Fed governors if Biden used an auto-pen to sign commissions.
Tariffs Positioned As Economic Tool
- Trump credits tariffs for lowering prices, aiding farmers, and spurring onshoring of manufacturing and data centers.
- He frames tariffs as a policy that addresses affordability and domestic investment.