Market Moves
Politics and Interest-Rate Expectations Drove Volatility in 2025
Charts show how forces such as US trade tariffs impacted markets this year.
Reported by Amy Resnick
In 2025, even the largest and most observed markets maneuvered in ways forecasters had not anticipated. They remain unpredictable, challenged by tariffs, central bank shifts, and geopolitical tensions.
The charts below show what volatility looked like this year and some of the places in which it manifested.
