Odaily report: An institution's Fed sentiment model has rated Powell's remarks as slightly hawkish, but within a neutral range. Analysts Jersey and Hoffman said the recent stance of the Fed spokesperson suggests that the Fed will maintain a "wait-and-see" policy stance in the next few meetings, and Powell is unlikely to change this stance. They said: "We are unlikely to gain any new information or insights about the Fed's reaction function from today's congressional testimony, as the Fed is likely to remain on hold at least until the next meeting, and the Banking Committee's questions are more likely to be political statements than monetary policy issues." (Gold Ten)