CME chief flags 'unprecedented' conditions after tariff turbulence spurs business
(Reuters) -CME Group chief Terry Duffy said on Wednesday the last six to eight weeks were "some of the most unprecedented times that we have seen", emphasizing the degree to which U.S. President Donald Trump's tariffs have impacted the market. The derivatives exchange, which facilitates trading of futures and options, posted record trading volumes for the first quarter. "I've been in this business for probably as long as anybody and I have not seen some of the fundamental factors that we're seeing today," Duffy said, warning that tariffs and mounting government debt globally could pose serious risks.