Donald Trump told the head of the Federal Reserve that he was making a “mistake” by not loosening US monetary policy, in their first meeting of Trump’s second term.
Fed chair Jay Powell had been invited by the president to the White House on Thursday to discuss, according to the US central bank, “economic developments including for growth, employment, and inflation”.
The talks follow pressure from the president on the Fed chair to lower interest rates in order to blunt the impact of the administration’s trade policies.
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