Powell Meets Trump: Economic Focus Hinted at Data-Driven Decisions

Federal Reserve Chair Powell and President Trump held a meeting at the White House on May 30, 2025, to discuss economic conditions in the United States. Topics included growth, employment, and inflation metrics. While Chair Powell emphasized data dependence for monetary policy decisions, he refrained from providing specific policy predictions. Future actions hinge on future economic data releases. Both GDP and jobs figures will shape the Fed’s analysis. 2025 marked a rare instance of unity between the two leaders despite past political tensions. Markets reacted cautiously to Powell’s lack of detail, mirroring pre-existing expectations.