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

According to Mars Finance, on December 2nd, Deutsche Bank analyst André Plavke pointed out that if the next Federal Reserve Chairman continues to support President Trump's call for interest rate cuts amid high inflation, the dollar may face downward pressure. The expected nominee for White House National Economic Council Director Hassett is considered a staunch Trump supporter, which Plavke believes increases the likelihood of a Fed rate cut. The Fed's inability to effectively curb inflation risks will negatively impact the currency. She stated that although this has not yet happened, "the market's expectation that the Fed might take a more accommodative stance on inflation is enough to put pressure on the dollar." (Jinshi)