Reported about 10 hours ago
Ahead of the market close on Monday, equities are rising following President Trump's announcement of a 25% tariff on all steel and aluminum imports. Market strategist Kenny Polcari discusses the implications of this move and anticipates Federal Reserve Chair Jerome Powell's upcoming testimony before Congress, emphasizing that the Fed is not in a hurry to cut rates and will closely observe the effects of the tariffs on inflation.
Source: YAHOO