Kevin Warsh's Fed Chair confirmation hearing starts at 10 AM ET.

Kevin Warsh's confirmation hearing for the position of Federal Reserve Chair is set to begin at 10 AM ET, a key event that could influence monetary policy direction. The market is likely to respond through shifts in interest rate expectations, as Warsh's views on inflation and economic growth will be scrutinized. Financial assets, particularly Treasury yields and equities, may experience volatility as traders reassess their positions based on his testimony. A concrete catalyst to watch will be any signals regarding future interest rate hikes or changes in the Fed's approach to inflation management, which could significantly 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.