India, May 8 -- US Federal Reserve Chairman Jerome Powell said on Wednesday that there is never a reason for him to ask for a meeting with the President of the United States, a powerful message to Donald Trump.

Powell also said that if he had such a meeting, it's because the elected leader sought the interaction.

"I've never asked for a meeting with any president, and I never will. There's never a reason for me to ask for a meeting, it's always been the other way," Powell said at a press conference following the close of the Fed's policy-setting committee meeting.

The remarks come as the Fed on Wednesday announced another pause in rate cuts and warned of higher risks to its inflation and unemployment goals, a likely reference to Presid...