PANews reported on February 11 that according to Jinshi, an institution's Fed sentiment model rated Powell's remarks as slightly hawkish, but within the neutral range. Analysts Jersey and Hoffman said that the recent attitude of the Fed spokesperson indicated that the Fed will maintain a "standstill" policy stance in the next few meetings, and Powell is unlikely to change this stance. They said: "We are unlikely to get any new information or insights about the Fed's reaction function from today's congressional testimony, because the Fed is likely to stand still at least at the next meeting, and the questions from the Banking Committee are more inclined to political statements rather than monetary policy issues."
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