WASHINGTON — President Donald Trump met with Federal Reserve Chair Jerome Powell on Thursday and the two discussed the economy but not Powell's outlook for interest rates, the Fed said .

What You Need To Know • President Donald Trump met with Federal Reserve Chair Jerome Powell and the two discussed the economy but not Powell’s outlook for interest rates, the Fed said • Powell told Trump on Thursday that the central bank would make decisions about the short-term interest rate it controls “based solely on careful, objective, and non-political analysis” • The Fed’s rate typically influences borrowing costs across the economy, including for mortgages, car loans, and business borrowing • The White House said the pair did not discuss Trump's previous threats to remove Powell • Trump'

See Full Page