Trump Presses Powell for Rate Cuts in White House Meeting
TL;DR Summary
Fed Chair Jerome Powell remains cautious about cutting interest rates amid pressure from President Trump and ongoing trade tensions, with the central bank emphasizing its independence and reliance on economic data to guide policy decisions, despite calls for immediate rate cuts to boost the economy.
- Fed Chair Powell has closed door meeting at the White House on interest rate cuts TheStreet
- Fed Chair Powell met with Trump at the White House Thursday and told him rate decisions can't be political CNBC
- Trump’s Next Authoritarian Target: The Federal Reserve The New Republic
- Trump Pressed Powell to Lower Rates in White House Meeting Bloomberg
- Trump Tells Powell He Is Making a Mistake by Not Cutting Interest Rates WSJ
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