POWELL: THE LAW PROVIDES THE FRAMEWORK FOR POLITICAL INDEPENDENCE IN MONETARY POLICY DECISIONS, AND WE DECLINE TO USE OUR TOOLS TO PURSUE GOALS BEYOND OUR MANDATE; EVERY ADMINISTRATION HAS WANTED TO REPURPOSE OUR TOOLS…

Federal Reserve Chair Jerome Powell emphasized the importance of maintaining political independence in monetary policy, stating that the Fed will not use its tools to achieve goals outside its mandate. This statement reinforces the Fed's commitment to its dual mandate of maximum employment and price stability, which may influence market expectations regarding future interest rate decisions. The channel of transmission here is rate differential, as the Fed's stance could impact bond yields and the broader interest rate environment. Fixed-income markets, particularly U.S. Treasuries, are likely to be most affected due to their sensitivity to interest rate changes. Traders will be particularly attentive to upcoming inflation data, which could shape the Fed's policy outlook and 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.