Fed: Dinner with Trump was to discuss "recent economic developments" and outlook

Reuters is out with the key highlights from the latest statement published by the Federal Reserve (Fed), citing that the Fed Chairman Powell and Vice Chair Clarida had informal dinner with the US President Trump and Treasury Secretary Mnuchin at the White  House on Monday night.

Further Details:

Dinner was at Trump's invitation and was to discuss "recent economic developments" and outlook for growth, employment and inflation.

Powell's comments at the dinner were "consistent" with last week's news conference and did not delve into expectations for monetary policy.