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The Dynamics Between Presidents and the Federal Reserve
This chapter delves into the historical tensions between presidents and the Federal Reserve, highlighting contrasting approaches in handling inflation and their influence on the modern Fed's dynamics. It explores the relationship between the current Fed chair and Trump, discussing Trump's critical views and public badgering, introducing an element of politicization into the Central Bank's decisions. The chapter showcases the uncertainty and chaos Trump brings to the relationship, contrasting it with past administrations.