The institutional model shows that Powell's speech was slightly more hawkish than before

On June 24, some institutions used natural language processing models to analyze Powell's opening speech, believing that his tone was slightly hawkish compared with February, and it also changed from last week's FOMC meeting. "Powell's pre-remarks were generally neutral, but according to our sentiment model, the tone was not as dovish as last week's discussion," the analysts said. ”

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