According to ChainCatcher news, as reported by Jin10, Deutsche Bank analyst Anterye Plavk pointed out that if the next Fed chair responds to U.S. President Trump’s calls for interest rate cuts while inflation remains high, the U.S. dollar may face downward pressure. Plavk believes that the White House National Economic Council director Hassett, who is expected to be nominated, is a loyal supporter of Trump, which increases the likelihood of Fed rate cuts. She stated that if the Fed cannot effectively curb inflation risks, it will have a negative impact on the currency.
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Deutsche Bank: If the next Fed chairman does not address inflation, the dollar will face downward pressure.
According to ChainCatcher news, as reported by Jin10, Deutsche Bank analyst Anterye Plavk pointed out that if the next Fed chair responds to U.S. President Trump’s calls for interest rate cuts while inflation remains high, the U.S. dollar may face downward pressure. Plavk believes that the White House National Economic Council director Hassett, who is expected to be nominated, is a loyal supporter of Trump, which increases the likelihood of Fed rate cuts. She stated that if the Fed cannot effectively curb inflation risks, it will have a negative impact on the currency.