Trump’s tariffs breakdown, Christopher Waller reportedly emerges as top Fed Chair pick

Market Catalysts anchor Julie Hyman breaks down the latest market news.
President Trump’s sweeping reciprocal tariffs have taken effect with rates between 15% and 50%. Our panel breaks down the latest.
Fed Chair Jerome Powell’s term is set to end in May of 2026. Federal Reserve Governor Christopher Waller has emerged as a top pick to replace Powell, according to a report from Bloomberg. Ben Emons of Fed Watch Advisors and StoneX’s Jon Hilsenrath share their takes.
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