POWELL: I WOULD NEVER BE A SHADOW CHAIR POWELL: I WILL BE A GOVERNOR POWELL: I RESPECT THE ROLE OF CHAIR

Federal Reserve Chair Jerome Powell emphasized his commitment to his role, stating he would not act as a "shadow chair" and reaffirming his respect for the position of chair. This statement underscores the importance of leadership clarity within the Federal Reserve, which can influence market perceptions of monetary policy direction. The transmission mechanism here is related to risk appetite, as consistent leadership may stabilize investor confidence in U.S. economic management. Financial markets, particularly equities and interest rate-sensitive assets, are most exposed to shifts in Fed policy signaling. Traders will be closely watching upcoming Fed meeting minutes for insights into future monetary policy adjustments.

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.