Trump Predicts Powell Will Be Remembered as a Great Fed Chair

Former President Donald Trump expressed confidence in Jerome Powell's leadership of the Federal Reserve, suggesting that Powell will be remembered positively as a Federal Reserve Chair. This statement may influence market sentiment through the channel of risk appetite, as Trump's endorsement could bolster confidence in the Fed's current policies. Assets related to Trump, particularly those tied to his political influence or potential future candidacy, may see increased volatility as traders react to his comments. Market participants will likely focus on upcoming economic data releases, such as inflation reports, to gauge the Fed's policy direction and its implications for financial markets.

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.