President Donald Trump said he spoke with Federal Reserve Chair Kevin Warsh only once and briefly a few days ago, rejecting a Wall Street Journal report that the two had talked repeatedly. Trump declined to say what they discussed or whether monetary policy came up, after the Journal reported he had sought Warsh's advice on the economic impact of U.S.-Iran military tensions while pressing for lower interest rates. The episode has renewed attention on Federal Reserve independence because informal, unscheduled contacts between a president and the Fed chair can raise concerns that political pressure is being brought to bear on monetary policy. A Fed spokesperson declined to discuss any private exchange, and markets appeared to take Trump's remarks in stride ahead of trading on the 11th, with investor focus shifting toward how U.S.-Iran tensions could shape the upcoming policy meeting.