The Fed has noted that "at the President's......>

FED: The Fed has noted that "at the President's invitation, Chair Powell and

Vice Chair Clarida joined the President and the Treasury Secretary for an

informal dinner tonight in the White House residence, to discuss recent economic

developments and the outlook for growth, employment and inflation. Chair

Powell's comments in this setting were consistent with his remarks at his press

conference of last week. He did not discuss his expectations for monetary

policy, except to stress that the path of policy will depend entirely on

incoming economic information and what that means for the outlook. Finally,

Chair Powell said that he and his colleagues on the FOMC will set monetary

policy in order to support maximum employment and stable prices and will make

those decisions based solely on careful, objective and non-political analysis."