Powell: Hawks Not Inclined to Hike

BlockBeats News, April 30th, Federal Reserve Chair Powell stated at a press conference that although at the most recent monetary policy meeting, some members voted against keeping the dovish language unchanged in the statement, he believed that officials were not leaning towards a rate hike.

Powell stated: "It's not so much about the need to raise interest rates now, but more of a discussion about whether the Fed should maintain a neutral stance on the policy outlook." (FXStreet)