Part 7/12:
Despite claims from Trump that no tension existed, reports suggest the exchange was more strained than publicly admitted. Trump’s push to urge the Fed to lower interest rates conflicts with the Fed’s independent stance, creating a complex dynamic that could influence market stability. Analysts believe that Powell and the Fed are eager for Trump to step down, frustrated by his attempts to influence monetary policy directly. The relationship is increasingly strained, with fears that overreach could destabilize financial markets.