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High Impact

FED CHAIR POWELL: I STAND BY MY POSITION THAT I WILL NOT STEP DOWN UNTIL THE DOJ PROBE IS FULLY CONCLUDED, ADDING THAT HE WILL REMAIN IN HIS ROLE BEYOND MAY 15 AND CONTINUE SERVING AS GOVERNOR — WHILE KEEPING A LOW…

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🏷Markets
📰via FS
✍️Edited by Luís Barata

Federal Reserve Chair Jerome Powell reiterated his intention to remain in office until the Department of Justice probe concludes, clarifying he will not step down before May 15 or thereafter as long as he remains confirmed. The statement reduces near-term uncertainty about leadership continuity at the Fed, supporting perceptions of institutional stability amid ongoing scrutiny. Market transmission occurs through the lens of central bank credibility and policy predictability, with implications for Treasury yields and dollar positioning given Powell’s influence on rate policy and balance sheet normalization. Assets most exposed include U.S. interest rate futures and long-end Treasuries, where expectations of uninterrupted monetary policy are priced in. Traders will watch the next FOMC meeting minutes and any developments in the DOJ investigation as key catalysts for shifts in rate expectations.

Source: Originally reported by FS at April 29, 2026. Summary and market context by Trading News Terminal editorial.

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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.

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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.

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