Mizuho Securities: The Hassett effect may put pressure on the US dollar.

According to ChainCatcher news and Jin10 reports, Mizuho Securities analyst Waratan stated that the possibility of the Fed cutting interest rates has risen significantly, keeping the dollar stable. However, as the chances of Hassett being nominated as the next Fed chair increase, the dollar Exchange Rate has fallen. Waratan pointed out that investors are digesting the factors that Hassett may politicize the Fed, believing that the “Hassett Effect” could put pressure on the dollar, and the risk of dollar depreciation remains very high.