Powell Q&A: A draw back threat in GDP was a revision to GDI, however GDI was revised larger

This is an important point and suggests that the Fed will be more hawkish. The GDI numbers were revised last week, afte rthe Fed.

GDI, which measures economic activity from the income side, increased at
a 3.4% rate last quarter, revised up from the initially estimated 1.3%
pace. It rose at an upwardly revised 3.0% pace in the January-March
quarter. GDI was previously reported to have increased at a 1.3% rate in
the first quarter.