Last night, Trump met with Powell for the first time since he took office. According to a statement of the Federal Reserve, it mainly discussed economic development, including growth, employment and inflation. Powell did not discuss his expectations for monetary policy, but emphasized that the policy path will be entirely based on cautious, objective, and non political analysis to make policy decisions. It seems that Powell went to the White House to give Trump a lesson on the independence of the central bank and the decision-making process of the Federal Reserve. Is this a good conversation or a bad one?