Will Powell say "Renovation" during July Press Conference?

Jerome Powell is currently scheduled to give an FOMC Introductory Statement and press conference on July 30, 2025, at 2:30 PM ET. This market pertains to his Introductory Statement as well as the following Q&A session. This market will resolve to "Yes" if Powell says the listed term during the FOMC Press Conference. Otherwise, this market will resolve to "No". Any usage of the word regardless of context will count toward the resolution of this market. Pluralization/possessive of the word will count toward the resolution of this market, however other forms will NOT count. Instances where the term is used in a compound word will count regardless of context (e.g. joyful is not a compound word for "joy," however "killjoy" is a compounding of the words "kill" and "joy"). If no such statement happens by July 30, 2025, 11:59 PM ET, this market will resolve to "No". The resolution source will be video and transcripts of the FOMC Press conference.