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It’s the norm for the Fed chairman and U.S. president to have a meeting—Powell says he’s never asked for a sit down and ‘never will’

Fortune LogoFortune20h ago

It’s the norm for the Fed chairman and U.S. president to have a meeting—Powell says he’s never asked for a sit down and ‘never will’ - Fortune

Quick Summary:

Jerome Powell has fought hard to keep the Fed out of political narratives, and said he would never request a meeting with President Trump.

So while markets were keen to hear the chairman's take, they were ready for a noncommittal response from Powell.

Even if analysts might have wished for the rate cut Trump was lobbying for, markets haven't responded well to Trump's perceived meddling in Fed policy.

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It’s the norm for the Fed chairman and U.S. president to have a meeting—Powell says he’s never asked for a sit down and ‘never will’ - Fortune (Picture 1)

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Article Details

Author / Journalist: Eleanor Pringle

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-08 @ 10:31:28 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 709 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 178 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28491406

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About Fortune

Fortune Logo

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 51 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

Publisher Details

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The story "It’s the norm for the Fed chairman and U.S. president to have a meeting—Powell says he’s never asked for a sit down and ‘never will’" has 709 words across 4 sentences, which will take approximately 3 - 6 minutes for the average person to read.

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How trustworthy is 'Fortune' news outlet?

Fortune is a fully independent (privately-owned) news outlet established in 1929 that covers mostly economy and business news.

The outlet is headquartered in United States and publishes an average of 51 news stories per day.

It's most recent story was published 9 hours ago.

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  • URL: https://narrow-necked.beamstart.com/news/its-the-norm-for-the-17467009798368

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