The Federal Reserve reports Chair Powell met....>

FED: The Federal Reserve reports Chair Powell met with President and Treasury

Secretary on Monday. Nothing particularly newsworthy although the last bit

clearly addressing concerns of White House interference in Monetary

Policy)...per Fed press release:

- "Chair Powell's comments were consistent with his remarks at his congressional

hearings last week. He did not discuss his expectations for monetary policy,

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

information that bears on the outlook for the economy. Finally, Chair Powell

said that he and his colleagues on the Federal Open Market Committee will set

monetary policy, as required by law, to support maximum employment and stable

prices and will make those decisions based solely on careful, objective and

non-political analysis."

- https://www.federalreserve.gov/newsevents/pressreleases/other20191118a.htm