Internet reports that some institutions 'Fed sentiment models rated Powell's remarks as slightly hawkish, but within the neutral range. Analysts Jersey and Hoffman said the recent attitude of the Fed spokesperson suggests that the Fed will maintain a "hold back" policy stance in the next few meetings, and Powell is unlikely to change this stance. "We are unlikely to gain any new information or insight from today's congressional testimony about the Fed's response function, because the Fed may at least sit tight at the next meeting, and the Banking Committee's issues are more political statements than monetary policy issues," they said.