Fed, Powell meets Trump on the White House: “Decision of rates on non -political bases” | EUROtoday

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The president of Fed Jerome Powell met Donald Trump on the White House at the moment. The Fed communicates this, stressing that the 2 spoke of development, employment and inflation.

“Powell has not spoken of the monetary policy expectations, except for having highlighted that the way” that the central financial institution will undertake “will depend entirely on economic information and on what they mean for the Outlook”.

Jerome Powell instructed Donald Trump, that rates of interest choices are taken “on non -political bases”, considering financial knowledge. This is what we learn in a press launch from the Fed.

(Update)