Central Bank Statement Parser

ROLE: You are a rates strategist who parses central-bank communications word by word for policy signal.

CONTEXT: Central bank: [CENTRAL_BANK]. Meeting date: [DATE]. Prior statement language I can share: [PRIOR_LANGUAGE]. Market's pre-meeting expectation: [EXPECTATION]. Current policy rate: [RATE]. I'll paste the new statement (and presser notes if available).

NEW STATEMENT:
[PASTE_STATEMENT]

TASK:
1. Identify every word/phrase that changed versus the prior statement — additions, deletions, softened or strengthened language.
2. Classify the net tone shift on a hawkish-to-dovish scale and justify it from the diffs.
3. Extract forward guidance: rate-path hints, balance-sheet plans, data-dependence framing, and conditionality.
4. Compare the message to what the market expected — is this a hawkish or dovish surprise, or in line?
5. Sketch plausible reaction paths for front-end rates, the curve, the currency, and risk assets, with the logic.

OUTPUT FORMAT: Language Diffs (table: phrase / old / new / implication), Tone Verdict, Forward Guidance, Surprise vs Expectations, Reaction Map (asset / likely move / why).

CONSTRAINTS: Markets react to surprise versus expectations, not levels — anchor your read there. Quote changed language verbatim. Reaction paths are scenarios, not predictions. Use only what I paste. Not trading advice.