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Fed's Jackson Hole Conference: Trump draws subtle rebuttal from top bankers

Bankers and economists are worried about that new waves of protectionism

Reuters  |  JACKSON HOLE, Wyo. 

President Donald Trump's name was rarely mentioned as top central bankers and economists spent Friday mulling the fate of the global economy at a mountain lodge here. But his presence loomed large at a Federal Reserve symposium, and even without citing the man in the White House, the presentations - from Fed chair Janet Yellen, European Central Bank President Mario Draghi and a host of researchers - amounted to a broad rebuttal of many of the ideas that carried Trump to office. It was a day when the president's calls for financial deregulation and "America ...

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First Published: Sat, August 26 2017. 10:49 IST