1. Bank of America: With both inflation and long-term growth expectations revised upwards, Powell may acknowledge the risks of stagflation while emphasizing a wait-and-see approach.
2. Morgan Stanley: Powell may choose to ignore energy-driven inflation, the dollar faces downside risks, and oil prices will play a central role in the foreign exchange market.
3. Trade France: With the risks of its dual mandate increasing, Powell is unlikely to provide clear guidance on the timing of interest rate cuts this year, instead continuing his data-dependent stance.
4. Rabobank: Under Powell's leadership, the Fed is likely to maintain a wait-and-see approach, attempting to balance inflation risks and slowing growth.
5. Deutsche Bank: Powell is likely to emphasize that the Middle East situation primarily impacts the economy through financial conditions, particularly volatile oil prices.
