“The latest economic data have come in stronger than expected, which suggests that the ultimate level of interest rates is likely to be higher than previously anticipated,” Powell told the Senate Banking Committee. “If the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes.” 

Eoin Treacy's view

That does not sound like someone who is about to stop raising rates. Of course central bankers rarely sound like they are about to change tack until they do. A lot will depend on incoming data.