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Market Extra: Powell may ‘dial back’ his hawkish talk — analysts brace for Fed chief’s Senate debut

Will Jerome Powell sound more dovish Thursday?

Market analysts around the world are bracing for another Capitol Hill appearance by the Federal Reserve chairman.

His testimony before the Senate Banking Committee — expected at 10 a.m. Eastern Time — comes after he made hawkish comments on Tuesday before a House panel.

Check out:Overheat? A few say the Powell Fed is chasing after shadows

And read:Republicans are from Mars, Dems from Venus, based on their questions for Powell

The new Fed boss on Tuesday highlighted ways that he personally thinks the economic outlook has strengthened, suggesting interest rates might rise faster than expected.

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