It’s the norm for the Fed chairman and U.S. president to have a meeting—Powell says he’s never asked for a sit down and ‘never will’

• Jerome Powell stated he would never initiate a meeting with the president, distancing the Federal Reserve from political influence after Donald Trump has criticized the decision-making of the FOMC. While markets looked for direction, Powell offered a cautious outlook, citing elevated uncertainty and signaling a wait-and-see approach on future economic decisions.

It would be out of the question for the Fed chairman to request an audience with the Oval Office, Jerome Powell said yesterday...