President Donald Trump on Thursday met with Federal Reserve Chair Jerome Powell for the first time in his second term, according to a statement from the central bank.

Key Takeaways President Donald Trump met with Fed Chair Jerome Powell on Thursday.Trump has frequently called on Powell to cut interest rates, but the Fed has not done so since Trump took office.The Fed is not under the direct control of the White House,

Jerome H. Powell stressed in his first meeting since the president returned to the White House that policy decisions would be “based solely on careful, objective and nonpolitical analysis.”