📌U.S. President Donald Trump met with Jerome Powell for the first time in his second term on Thursday, according to a statement from the U.S. Federal Reserve.
📌The meeting, which comes after months of ongoing attacks from Trump on the Federal Reserve Chair, was held at the White House at Trump's request.
📌The statement from the Federal Reserve said, "Chairman Powell did not discuss monetary policy expectations and emphasized that the course of policy will depend entirely on incoming economic information and what that means for the outlook."
📌Trump described Powell as "an idiot" and "a big loser," while also saying that the firing of the Federal Reserve Chair "could not happen fast enough."
📌Trump's sharp criticisms of Powell are mostly focused on the central bank's failure to cut interest rates quickly enough to suit him.
78129475340
33025455639
