The Federal Reserve released a statement recapping chair Jerome Powell being invited to the White House for a meeting with President Trump on Thursday.

The statement indicated Powell and Trump discussed economic developments including for growth, employment, and inflation.

“Chair Powell did not discuss his expectations for monetary policy, except to stress that the path of policy will depend entirely on incoming economic information and what that means for the outlook,” the Fed said.

“Finally, Chair Powell said that he and his colleagues on the FOMC will set monetary policy, as required by law, to support maximum employment and stable prices and will make those decisions based solely on careful, objective, and non-political analysis,” the Fed continued.

The FOMC — the Federal Open Market Committee — meet again on June 17-18 with an opportunity to adjust interest rates, which are at a range of 4.25% to 4.50%.