TRADING NEWS TERMINALReal-Time Market Intelligence
Trading News Terminal is a real-time market-intelligence app for active traders.
Wire-grade headlines, AI-classified impact, live squawk, economic calendar and TradingView charts — in one distraction-free terminal.
Start free →
High Impact

POWELL: WILL STAY ON AFTER MAY 15

📅
🏷Markets
📰via WB
✍️Edited by Luís Barata

Federal Reserve Chair Jerome Powell has confirmed he will remain in his role beyond May 15, dispelling speculation about an early departure. The clarification supports continuity in monetary policy expectations, reinforcing the Fed’s data-dependent stance and reducing uncertainty around leadership-driven policy shifts. This stability is likely to anchor longer-end Treasury yields and limit volatility in rate-sensitive assets, particularly financial stocks and interest rate futures tied to the Fed’s policy path. Investors had priced in some risk of leadership change, which momentarily affected market confidence in the central bank’s forward guidance. Traders will now focus on the upcoming PCE inflation report as the next key catalyst for assessing the timing of potential rate cuts.

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

Why this matters for traders

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.

How active traders react to headlines like this

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.

Track this story live on TNT

Curated set of live tools relevant to this headline. Updated continuously from primary sources.

Related stories