I have heard some advice to try to lower my heart when resting between exercises. This is typically accomplished by deliberate techniques such as deep, slow breathing, breathing through the nose rather than the mouth, sitting down, and concentrating (almost like meditation.)
But is there any benefit to this? E.g. Does it increase endurance for the next exercise? Or over time, does it increase overall maximum heart rate or decrease resting heart rate?
My layman's understanding is that the nervous system (thermostat) calls for the heart (furnace) to pump faster when more blood and oxygen is needed to supply the muscles. If my heart is pumping faster, it's because it needs to! I want my heart rate high so that when I begin my next exercise, fresher blood and oxygen is available to my muscles, rather than waiting for a brief "ramp up period." So I have always allowed my breathing to stay rapid and through the mouth when resting between sets, and waited for my heart rate and breathing to naturally subside.
I have heard that a lower resting heart rate is good for your cardio health, but to me, it seems that the causation works in the opposite direction: [better cardio => lower resting heart rate] rather than [lower resting heart rate => better cardio].