JUST IN: 🇺🇸 President Trump says "Jerome 'Too Late' Powell wants to stay at the Fed because he can't get a job anywhere else." "Nobody wants him."

President Trump criticized Federal Reserve Chair Jerome Powell, suggesting that Powell's desire to remain in his position stems from a lack of job opportunities elsewhere. This statement could influence market sentiment by impacting perceptions of the Fed's credibility and its future policy decisions. The commentary may heighten concerns regarding monetary policy direction, particularly affecting interest rate expectations and risk appetite among investors. Financial markets, especially equities and bonds, may react to shifts in sentiment surrounding Fed leadership and its implications for economic stability. Traders will be attentive to upcoming Fed communications and economic data releases that could clarify Powell's stance and the Fed's policy trajectory.

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.