FED’S HAMMACK SAYS RESTRICTIVE POLICY IS NEEDED TO REACH 2% INFLATION AND THAT MORE RESTRAINT IS REQUIRED, WITH THE QUESTION FOR THE FED NOW BEING ‘HOW FAST TO MAKE POLICY MORE RESTRICTIVE’, ADDING THAT THE FED NEEDS TO ‘COOL THE ECONOMY AT THE MARGINS’ AND THAT SHE IS HEARING ‘EARLY WARNING SIGNS’ OF A POSSIBLE PROBLEM WITH INFLATION EXPECTATIONS, THOUGH SHE DOESN’T WANT TO THREATEN THE JOBS…

FED’S HAMMACK SAYS RESTRICTIVE POLICY IS NEEDED TO REACH 2% INFLATION AND THAT MORE RESTRAINT IS REQUIRED, WITH THE QUESTION FOR THE FED NOW BEING ‘HOW FAST TO MAKE POLICY MORE RESTRICTIVE’, ADDING THAT THE FED NEEDS TO ‘COOL THE ECONOMY AT THE MARGINS’ AND THAT SHE IS HEARING ‘EARLY WARNING SIGNS’ OF A POSSIBLE PROBLEM WITH INFLATION EXPECTATIONS, THOUGH SHE DOESN’T WANT TO THREATEN THE JOBS… — reported by FS at October 12, 2026 · 17:55 UTC. Read the full context on Trading News Terminal.

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.