US EditionFed Chair Powell told Trump in Thursday meeting that rate decisions would be based on ‘non-political’ analysis
- On Thursday, President Donald Trump held discussions at the White House with Jerome Powell, the Chair of the Federal Reserve, focusing on recent economic developments.
- The meeting occurred amid Trump's repeated calls for the Fed to lower interest rates, although Powell did not discuss monetary policy outlooks.
- Powell highlighted that the Federal Reserve’s decisions on interest rates will be guided exclusively by thorough, impartial, and apolitical evaluation of the latest economic data.
- Inflation remains above the Fed's 2% target despite substantial year-over-year declines, and Trump criticized Powell as 'Too Late Powell' for not cutting rates sooner.
- The meeting highlights the Fed’s effort to separate policy from politics while balancing its mandate amid tariff uncertainty and market expectations of stable rates through summer.
154 Articles
154 Articles
Trump Met with Jerome Powell and Criticized Him Again over the Fed's Interest Rates.
By Bryan Mena, CNN President Donald Trump met with Federal Reserve Chairman Jerome Powell on Thursday. It was the first time Trump has met with Powell during his second term, and he used the opportunity to rebuke him for not lowering borrowing costs. Powell responded that he will not make any decisions based on the president's demands. The meeting, which came after months of relentless attacks from Trump against the Fed chief, took place at the …
Fed’s Powell Says Interest Rate Decisions Will Be ‘Non-Political’ in Meeting With Trump - The Thinking Conservative
Fed Res Chair Jerome Powell said decisions on interest rates would remain grounded in economic data and free from political influence. The post Fed’s Powell Says Interest Rate Decisions Will Be ‘Non-Political’ in Meeting With Trump appeared first on The Thinking Conservative.
Fed Chair Jerome Powell resists Trump’s rate cut demand, says ‘monetary policy will be based on non-political analysis’
Federal Reserve Chair Jerome Powell met with Donald Trump at the White House, assured the President that the Fed will base monetary policy on objective data to support employment and stable prices, says “monetary policy will be based on non-political analysis”.
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