President Donald Trump dined with Federal Reserve Chairman Jerome Powell at the White House on Feb. 4 in their first meeting since Trump appointed Powell to lead the central bank in 2017.
The meeting occurred after the Fed announced on Jan. 30 that it will not raise interest rates, a rare respite after the central bank’s spree of nine increases, which began in late 2016. The rate increases followed eight years of the Obama administration, during which the Fed kept rates at a virtual zero.
