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Analyst: Powell's press conference is expected to avoid discussing his future plans after stepping down
GateNewsBot
Odaily Planet Daily reports that Pepperston analyst Michael Brown stated that there has been little change in the policy statement, despite an upward revision in the assessment of economic conditions to reflect a “steady” growth pace. He noted that attention will shift to the press conference, where Federal Reserve Chair Powell may mention that the current federal funds rate is within a reasonable estimate of the neutral rate, but he is likely to firmly avoid any questions about after May. (Jin10)
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