Institutional Models Indicate Powell’s Latest Speech Is Slightly More Hawkish Than Before

According to a report by Jinse Finance, an institution used natural language processing models to analyze Powell's opening remarks and concluded that his tone was slightly more hawkish compared to February and showed a shift from his statements following last week's FOMC meeting. Analysts stated: "Powell's prepared remarks were generally neutral, but according to our sentiment model, his tone was not as dovish as last week's discussion." (Jin10)