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President Donald Trump Met Thursday with the Federal Reserve Chair Jerome powder Badgering for lower interest rates of the President’s Central Bank.
Fed, the meeting was released, emphasizing that the future path of future monetary policy was not discussed.
“In the invitation of the President, the department met with the President to discuss economic development, including the White House, Growth, Employment and Inflation today,” said Fed. “The chair Powell did not discuss the expectations for monetary policy, emphasizing that the policy path is completely incoming economic information and what it means to outlook.”
Moreover, the release, Powell and the Central Bank said he was committed to determining monetary policy on “careful, objective and non-political analysis” of colleagues.
The meeting fed the fed fed to balance the Mandate to push the Potential Inflation Tariffs and Fedini fully employed and stable prices for the US economy.
“The president said that the Fed department said that he had made economic inconvenience to China and other countries and made a mistake in the president’s privacy,” he said.
The truth uses social media output, Trump repeatedly called on the Federal Open Market Committee of Powell LEDs to reduce interest rates. FOMC has been released before starting the task for the second result of Trump since December.
“It is almost all of the consensus,” Fed should reduce rates later. “A very late man, legendary to be too late, but who knows ???” Sent Trump On May 17.
Trump was the first meeting for the second term. At a press conference in the beginning of this month, Powell confirmed that the two were not met and did not make the first action for a president.
“I didn’t want to meet with no president and never want to be” I wanted “Powell. “I wouldn’t do it. There’s no reason to want to ask. There was always another way.”
We expect tariff uncertainty to remain relatively until the false stretching, in markets, fed. Futures market prices show the central bank to be cut by sessions until September, which is likely to decrease by another decrease by the end of the year, in June and July. FOMC has reduced the ratios with the full percentage point in the last part of 2024.
Full Fed statement:
In the invitation of the President, President Powell today met with the President today to discuss economic development, including the White House, Growth, Employment and Inflation.
The department Powell did not discuss the expectations for money policies, but to emphasize what the policy path means to completely incoming economic data and outlook.
Finally, Powell will support money policy, maximum employment and stable prices, as required by colleagues and colleagues, laws, and these decisions will be based solely carefully, objective and non-political analysis.
