CoinVoice has learned that Bloomberg economist Anna Wong commented on Powell's remarks, stating, "Powell's comments today are not dovish; over time, people will realize how hawkish these remarks are. (The market) has this subconscious reaction, which is later reversed, and has happened before. He perfectly demonstrated today how to 'walk the tightrope': he needs to appease political pressure (by giving just enough hints of rate cuts for people to interpret as they wish), while also laying the groundwork for a hawkish response, all without revealing too much." [Original link]