Powell Trump tells that the Federal Reserve’s interest policy will depend on data and expectations

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Jay Powell, the head of the Federal Reserve, told Donald Trump that US monetary policy will be dictated only by economic data and expectations, as they held their first meeting in the second president’s state.

The talks between Trump and Powell follow the pressure of the US President on the Central Bank President to the low interest rates in order to sever the impact Management commercial policies.

According to The Pet, Powell did not discuss “his expectations for monetary policy, with the exception of the affirmation that the path of policy will be completely dependent on the economic information received and what this means for expectations.”

the The US Central Bank “To discuss economic developments, including growth, employment and inflation,” Powell said by Trump to the White House.

The Federal Reserve said: “President Powell said that it and its colleagues in FOMC will determine the monetary policy, as required by law, to support the maximum stable prices and stable prices and will take these existing decisions only on precise, objective and non -political analysis.”

In the past, Trump thought about removing Powell from his position as a chair in the Federal Reserve before the end of his term in May 2026 – a possibility that he had disturbed markets by questioning the independence of the Federal Reserve.

But the American president He said last month He had no “Powell), in comments calming investors.

This is a developing story