Recently, Trump has attracted widespread follow regarding a series of actions targeting the Fed and Chairman Powell. These actions include verbal threats, questioning the Fed's building budget, placing loyalists on the board, and even beginning to scout for new leadership candidates. However, this is not simply a confrontation, but a carefully orchestrated strategy.

Trump's true goal goes far beyond a 25 basis point rate cut. As a businessman, his nature drives him to pursue more. Once the door to rate cuts is opened, his aim will inevitably be to accelerate this process and push interest rates down as much as possible in order to stimulate the economy and capital markets.

Powell is clearly aware of this, which also explains why he has maintained a cautious attitude. The Fed insists on preserving its independence and does not easily compromise even in the face of political pressure, precisely for this reason.

Recently, the speech by the Treasury Secretary also revealed important information—Wall Street expects not just moderate rate cuts, but more aggressive easing policies. This may indicate that the government deficit will once again increase significantly.

In fact, this is no longer just a contest at the level of monetary policy, but also a game between political will and the interests of the capital market. Trump's ambitions will not stop at a single rate cut; his goal is to influence the direction of the entire economic cycle.

The outcome of this game will have a profound impact on the economy of the United States and even the global economy. Regardless of the final result, it will become an important case worth following in economic history, demonstrating the complex interactions between politics, economics, and finance.