President Trump Meets Fed Chair Powell to Discuss U.S. Economy
President Donald Trump and Federal Reserve Chair Jerome Powell held a high-stakes meeting today at the White House.
The conversation focused on key topics like inflation, employment, and overall economic momentum. The session comes amid ongoing market speculation about the Fed’s next moves.
Powell Reaffirms Data-Driven Approach
Powell avoided any direct mention of future interest rate actions. Instead, he stressed that all decisions will rely on fresh economic data. The Fed’s direction, he said, depends on how those metrics shape the broader outlook. Powell also pointed out that policy goals remain the same: stable prices and maximum employment.
No Shift in Fed Independence
During the discussion, Powell emphasized that the Fed’s strategy follows legal mandates and remains free from political influence. He assured that the Federal Open Market Committee evaluates each policy decision through a neutral, fact-based lens.
Tensions Persist Over Interest Rates
Trump has long voiced frustration with Powell’s stance on high interest rates. Though he once suggested firing Powell, Trump later walked back those claims. Still, he continues to push for aggressive rate cuts—a stance that puts him at odds with Powell’s more cautious approach.
Despite public pressure, Powell holds firm. The Fed will not alter its course without solid data to support change. As the economy evolves, so will its monetary policy—but only through deliberate, unbiased analysis.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
