MIRAN GIVES STRONG ARGUMENTS FOR CUTTING THE FED'S BALANCE SHEET.

Miran has presented compelling arguments advocating for a reduction in the Federal Reserve's balance sheet, suggesting that such a move could help combat inflation and stabilize the economy. This stance may influence market sentiment through the channel of inflation repricing, as traders reassess the potential for tighter monetary policy. Assets most exposed to this development include U.S. Treasury bonds and equities, which could face downward pressure due to anticipated rate hikes and reduced liquidity. Traders will be particularly attentive to the upcoming Federal Open Market Committee meeting, where any signals regarding balance sheet adjustments are likely to be discussed.

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.