- Powell did not discuss expectations from monetary policy
- Powell said his policy will depend on incoming economic information
The full statement from the Fed on the meeting.
May 29, 2025
Statement on Chair Powell’s meeting with the President
For immediate release
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.
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.
Finally, 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.
I would have loved to watch that live….
Wonder if Trump will spin things Powell said?
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