Treasury Secretary Scott Bessent used a basketball metaphor to explian President Trump's unsually direct confrontation with Federal Reserve Chairman Jerome Powell over interest rates, during an interview on "FOX News Sunday.

Interest rates would have been cut, if not for Trump’s tariffs, Fed chair says - Trump has pressured Powell and the Fed to lower short term interest rates

At least three Federal Reserve policymakers spoke out this week in favor of holding interest rates steady for the time being, in contrast to two who said they were open to the idea of cutting the fed funds rate in July,