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Asked about a change to the policy statement that removed prior verbiage about progress on inflation, Powell said "this was not meant to send a signal," other than that the Fed remains committed ...

Fed chief Jerome Powell refused to be drawn into talking about President Trump during his press conference. "I am not going to have any response or comment on what the president said," Powell said.

Powell also referenced so Fed Chairman Powell says the central bank wasn't sending a negative message by ditching a line about making progress on lowering inflation in its latest statement.