Federal Reserve seen skipping Oct rate hike but hiking in Dec - Reuters poll

A Reuters poll of economists indicates the Federal Reserve is expected to hold rates steady at its October meeting but raise them at the December meeting. The main transmission channel for USD is the policy rate expectations path: a pause in October followed by a December hike implies a later, shallower tightening cycle than a continuous series of increases, which tends to weigh on the dollar's near-term carry advantage while leaving the longer-run rate differential intact. Dollar-denominated assets and USD crosses with lower-yielding currencies are most directly exposed, as front-end Treasury yields and fed funds futures reprice to reflect the timing shift. Traders should watch the September CPI release and the subsequent Fed communications, particularly any shift in the dot plot or language around the December meeting, since these will determine whether the poll's expected path is confirmed or revised.

The US Dollar (USD) is the world's primary reserve currency and the base for most forex majors. Headlines about Federal Reserve policy, US macro data (CPI, NFP, GDP), and Treasury yield shifts typically drive USD pair direction within seconds of release.

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.