As Americans await the outcome of the 2024 presidential election, the potential economic impact of a Trump administration on Federal Reserve policy has emerged as a key question for investors. While nearly all analysts agree that Trump’s proposed tariff measures are likely to drive inflation higher, concerns also surround the potential influence he could wield over Federal Reserve policy and the risks he might pose to the central bank’s independence. Trump’s inflationary policies could prompt a hawkish Fed responseTrump has pledged to reintroduce tariffs on imports, proposing a 60% tariff on C…