Trump, Powell Meet Amid Rate Cut Pressure
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President Trump met with Federal Reserve Chair Jerome Powell at the White House. The Fed confirmed the meeting but stated monetary policy wasn't discussed, emphasizing their commitment to objective analysis. Trump has publicly urged rate cuts, while Powell affirmed his independence and the Fed's data-driven approach. The meeting comes amid economic uncertainty, including Trump's tariffs and market expectations for the Fed to hold rates steady until greater clarity emerges.
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