WARSH EMPHASIZED THE IMPORTANCE OF FED OFFICIALS BEING ABLE TO REVISE THEIR VIEWS.

Federal Reserve Governor Christopher Waller (WARSH) highlighted the necessity for central bank officials to remain flexible and willing to adjust their policy views based on incoming data. This commentary reinforces the Fed’s data-dependent stance, suggesting that shifts in economic indicators could prompt revisions in rate projections, affecting market pricing of future policy moves. The remarks influence Treasury yields and rate-sensitive assets, as traders assess the likelihood of pivots in response to labor or inflation data. Warmer-than-expected CPI or employment reports may trigger repricing in front-end futures, given the emphasis on adaptive policymaking. Traders will watch the next FOMC meeting minutes and PCE inflation data for signals of evolving committee 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.