Moments ago, the Fed announced that in a previously unannounced meeting that was not on the official White House Calendar, Fed Chair Powell met with Trump and Mnuchin at the White House "to discuss the economy, growth, employment and inflation." That boilerplate statement was followed by another, with the Fed noting that "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."
