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Powell defends Federal Reserve independence during Trump meeting

Quotes

    • 88:88
      Donald Trump
      ‘To ... Too Late’ Jerome Powell is a FOOL, who doesn’t have a clue,
      Guardian
      Trump wrote after the Fed’s meeting
    • 88:88
      Donald Trump
      This would be a PERFECT time for Fed Chairman Jerome Powell to cut Interest Rates. He is always ‘late,’ but he could now change his image, and quickly.”
      Guardian
      After Trump’s “liberation day” in early April, when he announced a slate of tariffs that ended up crashing US stock markets, Trump wrote on social media
    • 88:88
      Chair Powell did not discuss his expectations for monetary policy, except to stress that the path of policy will depend entirely on incoming economic information and what that means for the outlook,
      NBC News
      the statement said
    • 88:88
      Jerome Powell
      I've never asked for a meeting with any president, and I never will,
      CNBC
      Powell said
    • 88:88
      At the President's invitation, Chair Powell met with the President today at the White House to discuss economic developments including for growth, employment, and inflation,
      CNBC
      the Fed statement said
    • 88:88
      Chair Powell said that he and his colleagues on the FOMC will set monetary policy, as required by law, to support maximum employment and stable prices and will make those decisions based solely on careful, objective, and non-political analysis,
      The Gazette
      the statement said