India, April 7 -- The Federal Reserve System Board of Governors will hold a secret meeting on Monday at 9.30 p.m. IST as the Trump administration's massive new tariffs start to go into force.

The meeting will be held at the Board's headquarters at 20th Street and C Streets, NW, Washington, DC, and will also take place via audio/video conference call. It comes amid increased economic tensions as a result of recent tariff announcements on Trump's Liberation Day.

In accordance with the protocols defined in Section 261b.7 of the Board's Rules Regarding Public Observation of Meetings, only official Board business shall be discussed during the private session. Following the meeting, the Board will make a formal notification on its website reg...