Deutsche Bank: The dollar will face downward pressure if the next Fed chair fails to address inflation.

According to Mars Finance, citing Jinshi, Deutsche Bank analyst André Plavke points out that if the next Federal Reserve Chair continues to advocate for interest rate cuts amid high inflation, the dollar may face downward pressure. Plavke believes that the likely nominee for White House National Economic Council Director, Hassett, is a staunch Trump supporter, increasing the likelihood of a Fed rate cut. She states that if the Fed fails to effectively curb inflation risks, it will negatively impact the currency.