Hassett Says Room for Bigger Fed Cut, SpaceX Said to Plan Record IPO | The Pulse 12/10
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Live on Bloomberg TVHassett Says Room for Bigger Fed Cut, SpaceX Said to Plan Record IPO | The Pulse 12/10The Pulse with Francine LacquaDecember 10th, 2025, 11:37 AM GMT+0000The Federal Reserve is widely expected to cut by 25bps in its final rate decision of the year.
But White House National Economic Council Director Kevin Hassett says he sees plenty of room for a bigger cut. Hassett is seen as the frontrunner to succeed Jerome Powell as Fed Chair. Bloomberg understands the SpaceX is moving ahead with plans for an IPO that seeks to raise more than $30 billion. That would make it the biggest listing of all time. Sources say the Elon Musk-led company is targeting a valuation of about $1.5 trillion. The listing could happen as soon as mid-to-late 2026. Today's guests: John Graham, CPP Investments, President & CEO; Simon Macadam, Capital Economics, Deputy Chief Global Economist; Alessia Berardi, Amundi Investment Institute, Head of Emerging Macro Strategy; Katie Gaddini, University College London, Associate Professor of Sociology (Source: Bloomberg)More From The Pulse with Francine Lacqua01:36Goldman Expects US Growth to Run Above Trend in 202648:29Germany to Approve €52B Defense Spend, Nvidia Can Sell H200 Chips to China | The Pulse 12/948:36ECB's Schnabel 'Comfortable' With Rate Hike Bets, China to Boost Domestic Demand | The Pulse 12/848:27Russia's Putin in India with Modi, France's Macron in China with Xi | The Pulse 12/4 All episodes and clipsBloomberg Markets"Bloomberg Markets" is focused on bringing you the most important global business and breaking markets news and information as it happens.More episodes and clips47:53Trump to Tout Economic Agenda in Pennsylvania | Balance of Power: Late Edition 12/09/202507:11Senator Smith on Healthcare Reforms, Affordability09:06Can't Lie to People's Wallets: Rep. Goldman on Trump21:51Bloomberg Markets 12/9/2025The David Rubenstein ShowThe David Rubenstein Show: Peer-to-Peer Conversations" explores successful leadership through the personal and professional choices of the most influential people in business.More episodes and clips24:05David Rubenstein Show: Kevin Hassett24:05The David Rubenstein Show: Maria Sharapova24:06The David Rubenstein Show: Justice Anthony Kennedy24:06The David Rubenstein Show: David SolomonSee all shows