Trump And Powell Meet At White House as President Renews Pressure for Rate Cuts

About Trump And Powell Meet At White House as President Renews Pressure for Rate Cuts

President Donald Trump met with Federal Reserve Chair Jerome Powell at the White House, their first since his second term began. Trump pressed for lower interest rates amid economic uncertainty, criticizing Powell publicly. The Fed emphasized decision-making based on economic data and maintained a neutral stance, with no clear plans for rate cuts until later in the year. The meeting highlights ongoing debates over monetary policy amid fluctuating market expectations and economic conditions.