Trump and Fed Chair Powell could be set on a collision course over interest rates

• Should inflation flare up again, Fed Chair Jerome Powell and his colleagues could tap the brakes on their efforts to lower interest rates. That in turn could infuriate President-elect Donald Trump.
• Futures traders have been waffling in recent days on their expectations for what the Fed will do next.
• “All roads lead to tensions between the White House and the Fed,” said Joseph Brusuelas, chief economist at RSM.

https://www.cnbc.com/2024/11/21/trump-and-fed-chair-powell-could-be-set-on-a-collision-course-over-rates.html