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Limited Upside for US Dollar, Federal Reserve Faces Challenges
Summary: According to sources, Deutsche Bank reported that the US dollar has limited upside due to challenges facing the Federal Reserve. Federal Reserve Chairman Powell may struggle to navigate between appropriate monetary policy and political demands, leading to a difficult and volatile situation for the US dollar. Additionally, President Trump has repeatedly called for rate cuts ...
According to sources, Deutsche Bank reported that the US dollar has limited upside due to challenges facing the Federal Reserve. Federal Reserve Chairman Powell may struggle to navigate between appropriate monetary policy and political demands, leading to a difficult and volatile situation for the US dollar. Additionally, President Trump has repeatedly called for rate cuts and criticized Powell's cautious stance on easing policy, with the dismissal of Federal Reserve Board member Lisa Cook on Monday sparking new concerns about the Fed's independence.
