Deutsche Bank: If the next Federal Reserve Chair fails to effectively address inflation risks, the US dollar may face downward pressure
BlockBeats News, December 2, Deutsche Bank analyst Antje Praefcke pointed out that if the next Federal Reserve Chair responds to U.S. President Trump's call for interest rate cuts while inflation remains high, the U.S. dollar could face downward pressure.
Hassett, the current White House National Economic Council Director who is expected to be nominated, is seen as a staunch supporter of Trump. Praefcke believes this increases the likelihood of a Federal Reserve rate cut. If the Federal Reserve fails to effectively curb inflation risks, it will have a negative impact on the currency.
She stated that although this situation has not yet occurred, "the mere market expectation that the Federal Reserve might take a more dovish stance on inflation is enough to put pressure on the U.S. dollar." (Golden Ten Data)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
2-Yr Benchmark Govt Yields - U.S. vs Other Nations
Big short Burry increases short positions on Micron and Nebius, with the logic that "memory supply surge will put downward pressure on prices"
Michael Burry has dramatically increased his short positions on Micron, Palantir, and semiconductor ETFs, stating that the scale is “quite large.” His main reasoning is that Samsung, SK Hynix, and Micron squeezed their conventional DRAM production to meet AI-driven HBM demand, resulting in a shortage; however, with production capacity now ramping up, the Damocles sword of oversupply is hanging over the market. The inventory warning from Acer’s CEO has further convinced him that the memory cycle has already peaked.
Crypto prices
More
