Obviously, Sherlock. The govt with the Fed are (or should be, if things don't spiral out of control) the economic governors. You can't talk about either one in isolation because they are symbiotic, not mythologically-utopian, hermetically-closed model boxes that can exist without the other.

The Fed will be pressured to reduce interest rates because corporations are playing Russian roulette too-big-to-fail brinksmanship and will expect a bailout as per usual.. an action the majority undertake will always be excused in a democracy because of political pressure.