Trump meets with Powell at the White House "asking the Fed to cut interest rates", Powell reiterates: The Federal Reserve (FED) adheres to the principle of non-politicization.

Yesterday (29) the US Federal Reserve (Fed) issued a statement pointing out that Fed Chairman Powell has met with Trump at the White House, during which Trump once again asked Powell to cut interest rates, but Powell still insists on the principle of "prudence, objectivity and non-politicization" in the interest rate decision, and will not change it arbitrarily according to Trump's requirements. (Synopsis: Don't be afraid of Bauer!) The U.S. Supreme Court issued a holy decree: protect the independent status of the Federal Reserve, and Trump must not arbitrarily remove officials) (Background supplement: Trump shouted: will significantly reduce tariffs on China, will not fire Powell, bitcoin knocked 94,000, U.S. stocks rose together) The US Federal Reserve (Fed) issued a statement yesterday (29), saying that Federal Reserve Chairman Jerome Powell met with Trump at the White House at the invitation of President Donald Trump to discuss issues related to economic development. Covers topics such as economic growth, employment and inflation. This is Trump's first separate meeting with Bauer in his second term, which has attracted much attention from the outside world. In its statement, the Fed emphasized: Chairman Powell did not discuss his expectations for monetary policy, only stressing that the policy path will depend entirely on the latest economic data and its impact on future outlooks. Finally, Chairman Powell said that he and his colleagues in the Federal Open Market Committee (FOMC) will set monetary policy in accordance with the law to support maximum employment and price stability, and that these decisions will be based solely on prudent, objective and non-politicized analysis. Trump again asks Powell to cut interest rates According to the Associated Press (APNews), unsurprisingly, Trump once again urged Powell to lower interest rates during the meeting, citing that there is currently "no inflation." However, this time, as always, Bauer responded clearly that the Fed will uphold the principles of "prudence, objectivity and non-politicization" in its short-term interest rate decisions under its control, and will not change arbitrarily according to Trump's requirements. In fact, Powell has repeatedly publicly emphasized the independence of the Fed, insisting that monetary policy decisions will not be changed by political pressure, and even though Trump has repeatedly publicly called for interest rate cuts and even threatened to fire Powell in April this year, Powell still insists that the Fed is not directly interfered with by the president in accordance with the law. Fed Kashkali: The inflationary impact of Trump tariffs is not a short-term phenomenon, and the Fed is not in a hurry to adjust interest rates Trump tariffs or delay Fed rate cuts! Fed official: If inflation improves, interest rates will fall sharply in the next 12-18 months Why does the Fed stick to high interest rates? Fed microphone: Ball is waiting for the "bad enough" recession signal, Goldman Sachs is expected to start cutting interest rates in July (Trump and Ball White House interview "ask Fed to cut interest rates", Powell reiterates: the Fed adheres to the principle of non-politicization" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".