This week’s episode of Swamp Notes features a live recording in London, where host Katie Martin and Chris Giles from the FT’s Central Banks newsletter discuss the upcoming months for Trump and the market’s response to the “liberation day” shock. They examine the implications of the 90-day tariff pause and its potential impact on markets. For more insights, listeners can read Chris Giles’ latest column, access the Unhedged podcast, and subscribe to the FT’s Swamp Notes newsletter.