Powell: Trump's call for rate cuts has no impact on the Federal Reserve.

Federal Reserve Chairman Powell said that President Trump's call for a rate cut has "no effect" on the Federal Open Market Committee's work and operations. "We will always do the same thing, which is to use our tools to promote maximum employment and price stability, benefiting the American people," he said. "We will always only consider economic data, economic outlooks, and risk balances, and that's it. That's all we will consider."