US EditionFed Chair Powell told Trump in Thursday meeting that rate decisions would be based on ‘non-political’ analysis
- On Thursday, President Trump held a meeting at the White House with Jerome Powell, the head of the Federal Reserve, to talk about current economic conditions.
- The meeting occurred amid Trump's repeated demands for lower interest rates and his efforts to impose tariffs affecting the economy.
- Powell did not discuss monetary policy expectations and emphasized that rate decisions depend solely on economic data and non-political analysis.
- The Fed has paused rate cuts since January after lowering rates by one percentage point last year, while markets expect no reductions before September.
- The meeting underscored the Fed’s commitment to objective policy amid uncertainty from tariffs and inflation pressures, despite presidential criticism.
53 Articles
53 Articles
Trump summons Fed’s Powell, tells him he’s making a mistake on rates - Hawaii Tribune-Herald
WASHINGTON — U.S. President Donald Trump called Federal Reserve Chair Jerome Powell to the White House on Thursday for their first face-to-face meeting since he took office in January and told the central bank chief he was making a “mistake” by not lowering interest rates.
Roanoke Times
President meets with Fed Chairman Powell
WASHINGTON — President Donald Trump met with Federal Reserve Chair Jerome Powell on Thursday and the two discussed the economy but not Powell's outlook for interest rates, officials reported. The president initiated the meeting, the Fed said.
Trump meets with Powell after months of disparaging the Fed | Honolulu Star-Advertiser
President Donald Trump met with Jerome Powell, the chair of the Federal Reserve, today after months of attacking the central bank for moving too slowly to lower interest rates.
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