Trump shifts tone on Fed Chair Powell, calling him ‘a very good man’ after their meeting on interest rates.
US President Donald Trump says he had a positive meeting with Federal Reserve Chair Jerome Powell and gained the impression that the central bank’s head might be ready to lower interest rates.
The two men met on Thursday when Trump made a rare visit to the US central bank to tour its ongoing renovation of two buildings at its headquarters in Washington, which the White House has criticised as costing too much.
Trump clashed with Powell during his visit and criticised the cost of renovating two historic buildings at its headquarters, and they sparred over the project’s actual price tag.
“We had a very good meeting … I think we had a very good meeting on interest rates,” Trump told reporters on Friday.
