Deutsche Bank: If Haskett insists on cutting interest rates, the dollar may come under pressure

According to Jinshi News, Volkmar Baur from Deutsche Bank stated in a report that if Hassert (a popular candidate for the next Federal Reserve chair) insists on pushing for interest rate cuts regardless of the economic fundamentals, the dollar may come under pressure. Baur pointed out that data shows the labor market is only cooling slowly, which does not support Hassert's view on rate cuts. He believes that Hassert may not abandon the push for rate cuts due to the facts, and the dollar may pay the price for this.