Limited Upside for the US Dollar as the Federal Reserve Faces Challenges
According to ChainCatcher, citing Jintou News, Commerzbank stated that given the challenges faced by the Federal Reserve, the upside potential for the US dollar is limited. Federal Reserve Chair Jerome Powell may find it difficult to strike a balance between appropriate monetary policy and political demands, resulting in a challenging and volatile environment for the dollar. In addition, President Trump has repeatedly called for interest rate cuts and criticized Powell's cautious approach to policy easing. On Monday, the dismissal of Federal Reserve Governor Lisa Cook sparked new concerns about the Fed's independence.
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
Robinhood CEO: The On-chain Lending Market for Tokenized Securities Has Broad Prospects
Justin Sun transferred $150 millions worth of BTC to his personal wallet today
Wintermute withdraws 24,124 AAVE from an exchange
Data: Sun Yuchen transferred 150 millions USD worth of BTC to his personal wallet a few minutes ago
