Was powels interview on March 29 hawkish or dovish

Based on the information available, it is difficult to categorize Fed Chair Jerome Powell's interview on March 29 as hawkish or dovish. Powell's remarks at the San Francisco Federal Reserve Bank's Macroeconomics and Monetary Policy Conference were anticipated to provide insights into the Fed's stance on interest rates and inflation. However, the actual tone of his remarks and the subsequent market reaction depend on various factors, including the release of the Fed's preferred inflation gauge and the commentary from Powell himself. While some analysts expected Powell to maintain a dovish tone, others predicted a more hawkish stance in light of recent hotter-than-expected inflation reports. Ultimately, it is essential to consider the complete context of Powell's interview and his discussion of various economic indicators to gauge his overall tone and policy outlook.