CoinWorld news, on August 23, Bloomberg economist Anna Wong expressed her views on Powell's remarks, stating, "Powell's comments today are not dovish; over time, people will realize how tough these comments are. (The market) has this subconscious reaction, which is later reversed, and it has happened before. He perfectly demonstrated today how to 'walk the tightrope': he has to appease political pressure (by giving just enough hints of interest rate cuts for people to interpret as they wish), while also laying the groundwork for hawkish responses without revealing too much."