An institution's Federal Reserve sentiment model assesses Powell's remarks as slightly hawkish but within the neutral range. Analysts Jersey and Hoffman state that the recent attitudes of Federal Reserve speakers indicate that the Federal Reserve will maintain a "wait and see" policy stance in the upcoming meetings, and Powell is unlikely to change this stance. They said, "We are unlikely to gain any new information or insights regarding the Federal Reserve's response function from today's congressional testimony, as the Federal Reserve is likely to remain on hold at least until the next meeting, and the issues from the Banks Committee are more inclined toward political statements rather than monetary policy issues."