Elon Musk said Tesla will continue producing the Cybertruck for another eight to nine months, after which the company needs to focus on scaling up the Cybercab.

White House Council of Economic Advisers Chair Feilan said bipartisan legislation may be needed in the next two years.

Crédit Agricole CIB notes the Bank of England hiked 25bp to 4% in November, with a sole dissenter seeking a larger move — a hawkish signal. The BoE raised inflation forecasts for this year and early next, upgraded 2026–27 growth forecasts and lowered its 2028 outlook. Governor Bailey indicated further tightening remains possible, while the Bank emphasised rates are already restrictive and this is not the start of a new hiking cycle. Markets still price additional hikes, keeping sterling among the higher-yielding G10 currencies, but UK rates markets have largely priced in three further hikes and much of the positive effect is reflected in the exchange rate. Near-term sterling upside will require continued upside surprises in UK data; focus next week on September GDP and speeches by Bailey and other officials.