Fed Chair Assures Trump Monetary Policy Stays ‘Non-Political’ Amid Criticism
Federal Reserve Chair Jerome Powell met with President Trump to discuss the economy but did not talk about interest rate changes.
Powell emphasized that monetary policy decisions will rely solely on incoming economic data and objective, non-political analysis. Despite Trump’s repeated criticism of Powell for not cutting rates sooner, Powell reaffirmed the Fed’s commitment to its legal mandate to support maximum employment and stable prices through careful policy decisions.
Clever Robot News Desk 1st June 2025
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