Amid the Trump tariffs and calls for rate cuts, Federal Reserve Chair Jerome Powell has met with US President Donald Trump for the first time in the president’s second term. Trump has heavily criticized Powell these past few weeks, while urging the Fed Chair to cut interest rates. Jerome Powell Meets With Donald Trump According to a Federal Reserve statement, the Fed Chair met with Trump today at the White House at the president’s invitation. The duo discussed economic developments, including growth, employment, and inflation. The statement noted that Jerome Powell didn’t discuss his expectations for monetary policy, except for emphasizing that the path of policy will depend entirely on incoming economic information and what that means for the outlook. Meanwhile, the Fed Chair also mentioned that he and his colleagues on the FOMC will set monetary policy, as required by law, to support maximum employment and stable prices. They… Read More at Coingape.com
The post Fed Chair Jerome Powell Met With Donald Trump: Details appeared first on CoinGape.
