Powell’s Fed Chairman said Trump on Thursday that speed decisions would be based on “non -political” analysis

President Donald Trump met on Thursday with Chairman of the Federal Reserve Jerome Powell amid the president, who conducted the Central Bank at lower interest rates.

The Central Bank confirmed in the release that the meeting took place, emphasizing that the future of the monetary policy was not discussed.

“At the invitation of the President, the chairman Powell met with the President today at the White House to discuss economic events, including for growth, employment and inflation,” the Fed said. “The Powell’s chairman did not discuss his expectations for monetary policy, except for the emphasis that the policy path will depend entirely on the entrance economic information and what it means for the worldview.”

Moreover, the release showed that Powell and his Fed colleagues remain committed to the creation of monetary policy on a “careful, objective and non-political analysis”.

The White House did not immediately respond to the CNBC request about the comment.

The meeting comes at a sensitive time for the US economy, and Trump pushes potentially inflation tariffs and the Fed, trying to balance his mandate to ensure full work and stable prices.

Using its truth on social networks, Trump has repeatedly called for the Federal Open Market Committee led by Powell to reduce interest rates. FOMC has not decreased since December, before Trump took office for his second time.

“” Consensus of virtually all is that “the Fed should reduce the indicators, not later”. Trump postD May 17.

It was the first meeting since Trump started his second term. At the press conference earlier this month, Powell confirmed that they had not yet met, and stated that he would not make the first step for presidential origin.

“I never asked for a meeting with any president, and I will never,” Powell said. “I wouldn’t do it. I never have a reason to ask for a meeting. It’s always different.”

The tariff uncertainty is delayed, the markets are heavily expected that the Fed will remain at the rates until there is more clarity. Futures market prices show that the Central Bank does not restore the cutting, at least until September, bypassing the meetings in June and July, with the probability of another reduction by the end of the year. FOMC reduced the speed at the full interest point in the second part of 2024.