May 30 (UPI) -- The Federal Reserve chair, Jerome Powell, has told President Donald Trump that monetary policy will not be influenced by politics.
Powell and Trump had a meeting Thursday as the president has been pressuring the central bank to lower interest rates.
A statement published by the Reserve following the meeting said that Powell and Trump discussed economic issues, including growth, employment and inflation.
What Powell did not discuss was his expectation for monetary policy, according to the sternly worded statement, "except to stress that the path of policy will depend entirely on incoming economic information and what that means for the outlook."
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