Analyst: Powell's remarks slightly hawkish, Fed unlikely to change stance significantly in the future

BlockBeats News, February 11th, an institution's Fed sentiment model rated Powell's remarks as slightly hawkish but within the neutral range. Analysts Jersey and Hoffman stated that the recent attitude of the Fed spokesperson indicates that the Fed will maintain a "wait-and-see" policy stance in the upcoming meetings, and Powell is unlikely to change this stance.

They said, "We are unlikely to gain any new information or insights on the Fed's reaction function from today's congressional testimony, as the Fed may stand pat at least at the next meeting, and the Committee's questions lean more toward political statements than monetary policy matters." (Golden Ten)