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Jerome Powell Makes No Promise to Ease Policy; Fed to Stay Focused on Inflation

The Fed chair spoke Friday with markets in full blown panic following the Trump tariff announcement.

Updated Apr 4, 2025, 7:28 p.m. Published Apr 4, 2025, 3:41 p.m.
U.S. Federal Reserve Chairman Jerome Powell (Chip Somodevilla/Getty Images)
Fed Chair Jay Powell (Chip Somodevilla/Getty Images)