{"id":20639,"date":"2025-04-04T15:46:43","date_gmt":"2025-04-04T15:46:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20639"},"modified":"2025-04-04T15:46:43","modified_gmt":"2025-04-04T15:46:43","slug":"jerome-powell-makes-no-promise-to-ease-policy-fed-to-stay-focused-on-inflation","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20639","title":{"rendered":"Jerome Powell Makes No Promise to Ease Policy; Fed to Stay Focused on Inflation"},"content":{"rendered":"<div>\n<p>Investors hoping for a sizable dovish pivot from the Fed following the president&#8217;s Wednesday tariff announcement and subsequent two-day plunge in stock prices will have to wait at least a bit longer.<\/p>\n<p>&#8220;We are well positioned to wait for greater clarity before considering any adjustments to our policy stance,&#8221; said Fed Chair Jerome Powell <a href=\"https:\/\/www.federalreserve.gov\/newsevents\/speech\/powell20250404a.htm\" target=\"_blank\">in prepared remarks<\/a> at the Society for Advancing Business Editing and Writing Annual Conference. &#8220;It is too soon to say what will be the appropriate path for monetary policy.&#8221;<\/p>\n<p>Noting that the tariffs are &#8220;significantly larger&#8221; than expected, Powell said it&#8217;s the Fed&#8217;s job to make sure what is sure to be a temporary rise in inflation does not become persistent.<\/p>\n<p>Bouncing a bit ahead of the Powell speech perhaps in the hope he would take a more dovish stance, bitcoin (BTC) has retreated back below $83,000, roughly flat from 24 hours ago. The crypto is doing far better than stocks, with the Nasdaq now lower by 4.2% following yesterday&#8217;s 6% tumble.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Investors hoping for a sizable dovish pivot from the Fed following the president&#8217;s Wednesday tariff announcement and subsequent two-day plunge in stock prices will have to wait at least a bit longer. &#8220;We are well positioned to wait for greater clarity before considering any adjustments to our policy stance,&#8221; said Fed Chair Jerome Powell in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-20639","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20639"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20639\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}