Part 3/9:
The dynamics between the two revealed a rare public display of animosity, mingled with strategic signaling. Trump’s pressing for lower interest rates stems from his desire to make housing and borrowing cheaper, an effort to stimulate the U.S. economy during his tenure. Conversely, the Fed emphasizes the importance of preserving its independence and balancing inflationary pressures, especially considering the potential inflation surge caused by tariffs and trade conflicts.