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Is Powell an eagle or a pigeon?
Eagle. Analysts predict that Powell will change from a dove to a hawk after the interest rate decision after last week's brilliant non-agricultural data. Powell's speech last night caused a carnival rise in US stocks. The Standard & Poor's 500 Index closed up more than 1%, the Nasdaq closed up nearly 2%, and the Nasdaq and the Nasdaq 100 returned to the technology bull market.
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