FED'S WILLIAMS: TARIFF-DRIVEN INFLATION IS LIKELY TO MODERATE, WHILE R-STAR APPEARS HIGHER THAN THE MOST RECENT LOW READINGS, WITH THE CURRENT PROJECTION FOR THE NEUTRAL REAL RATE AT ROUGHLY 1% AND THE LONG-TERM FED…

Federal Reserve Bank of New York President John Williams indicated that inflation driven by tariffs is expected to moderate, suggesting a potential easing of inflationary pressures. This outlook may influence interest rate expectations through the channel of inflation repricing, as a decrease in tariff-driven inflation could lead to a more dovish stance from the Fed. Markets most exposed include those tied to consumer goods and imports, where tariff impacts are significant. Traders will be particularly focused on upcoming inflation data releases, which could provide further clarity on the trajectory of inflation and the Fed's policy response.

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.