Fed Chair Powell, Trump hold rare meeting at White House — here's what was discussed
1. Trump criticized Powell for not lowering interest rates, citing economic disadvantage. 2. Markets anticipate Fed rate cuts in September and December, boosting investor sentiment. 3. Tariff uncertainty remains a significant concern for Fed policymakers regarding inflation. 4. Independence of the Fed reassured after Supreme Court ruling on leadership firings. 5. Current Fed rates held at 4.25%-4.50% since December, impacting economic forecasts.