The Fed keeps brushing off concerns about another Trump presidency. Closed-door meetings from his first term show otherwise ...Middle East

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The Fed keeps brushing off concerns about another Trump presidency. Closed-door meetings from his first term show otherwise
By Elisabeth Buchwald, CNN New York (CNN) — Fed officials won’t say how a second Trump term could impact the economy. Actually, the Fed prides itself in avoiding even the suggestion that it is wading into politics. But transcripts of closed-door Fed meetings from Trump’s first term give some clues about top economists’ true feelings about Trump’s economic agenda. If voted into office in the November US presidential election, former President Donald Trump has promised to impose sweeping tariffs of at least 10% on all foreign imports, up to 60% for some Chinese products, and levies as high as 100% for countries that abandon the dollar as their reserve currency. If enacted, those policie

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