FED CHAIR NOMINEE WARSH SAYS FED RETAINS FORECASTS LONGER THAN NECESSARY.

Warsh, the Fed chair nominee, criticized the Federal Reserve for maintaining economic forecasts longer than warranted, suggesting a need for greater agility in policy adjustments. This commentary implies a potential shift toward data-dependent decision-making, which could reduce reliance on forward guidance as a policy tool and affect market pricing of future rate moves. The remarks may prompt traders to reassess the timing and credibility of Fed projections, particularly in the context of evolving inflation and labor market data. Fixed-income markets and interest rate futures are most exposed, as changes in the perceived approach to forward guidance directly influence yield curve positioning. Traders will watch the next FOMC meeting minutes and revisions to the Summary of Economic Projections for evidence of a more adaptive forecasting framework.

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.