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Analyst: Powell may find it difficult to shift the impact of policies on the economy and how to respond.
On March 20, Jinshi Data reported that market analyst Saraiva stated that for Powell, it is much more difficult to shift the questions about the impact of fiscal policy on the economy and how the Federal Reserve might respond. With these changes in forecasts and the now more hawkish dot plot, he will find it hard to argue that there have not been significant changes. Although Powell may still claim to maintain a "wait-and-see" attitude, it is clear that Federal Reserve officials have concerns.