Analyst: Powell Press Conference Expected to Dodge Resignation Speculation

BlockBeats News, January 29, Pepperston analyst Michael Brown stated that the policy statement has barely changed, although the assessment of the economic situation has been revised upwards to reflect a "prudent" pace of growth.

He said that attention will turn to the press conference, where Fed Chair Powell may mention that the current federal funds rate is already within the reasonable range of the neutral rate but he may strongly avoid any questions about post-May. (FX678)