Bloomberg economists: Powell's remarks today are not dovish; he is merely "walking a tightrope" between political pressure and hawkishness

ChainCatcher news, according to Bloomberg economist Anna Wong's comments on Powell's statements, "Powell's remarks today are not dovish; over time, people will realize how hawkish these comments are. (The market) has had this subconscious reaction, which was later reversed, and this has happened before.

He perfectly demonstrated today how to 'walk the tightrope': soothing political pressure (by giving just enough hints of rate cuts for everyone to interpret as they wish), while also laying the groundwork for a hawkish response, all without revealing too much."