Federal Reserve: Powell meets with Trump at White House, but does not discuss expectations for monetary policy

星球日报|May 29, 2025 16:49
Odaily Planet Daily News: The Federal Reserve announced that at the invitation of the President of the United States, Federal Reserve Chairman Powell met with the President at the White House today to discuss economic development, including growth, employment, and inflation. Powell did not discuss his expectations for monetary policy, but emphasized that the policy path will depend entirely on the upcoming economic information and its significance for the outlook. Finally, Powell stated that he and his colleagues on the Federal Open Market Committee will formulate monetary policy in accordance with legal requirements to support maximum employment and stable prices, and will make these decisions solely based on careful, objective, and non political analysis. (Golden Ten)
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