WARSH: FED MUST STAY STRICTLY INDEPENDENT ON RATES Fed Chair nominee Warsh will tell lawmakers he is committed to keeping monetary policy “strictly independent.” Kevin Warsh In prepared remarks, he also says he will work with the administration and Congress on non-rate-related

Kevin Warsh, the Federal Reserve Chair nominee, emphasized the importance of maintaining strict independence in monetary policy during his remarks to lawmakers. This stance is likely to influence market perceptions regarding the Fed's commitment to controlling inflation without political interference, thereby affecting rate differentials. Such a commitment could bolster the U.S. dollar as investors seek assets perceived as stable amid potential interest rate hikes. Traders will be particularly focused on upcoming inflation data releases, which could further inform the Fed's policy direction and impact market sentiment.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.