At Fed Conference, Trumponomics Draws a Not So Subtle Rebuttal

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 Wyoming mountain lodge.

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 First” economic nationalism were countered by Yellen’s reminder of how a deep financial crisis wrecked the economy a decade ago, and economic research arguing that China and Mexico are less to blame for job losses than forces like technology.

“For some, memories of this experience may be fading – memories of just how costly the



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