Commerzbank: If Hassett insists on cutting interest rates, the US dollar may face pressure.
TechFlame
2025-12-12 12:15
TechFlame2025-12-12 12:15
English
TechFlame News, according to Jinshi, Commerzbank's Volkmar Baur stated in a report that if Hassett (a top candidate for the next Federal Reserve chair) insists on pushing for interest rate cuts regardless of economic fundamentals, the U.S. dollar could face pressure as a result. Baur pointed out that data shows the labor market is cooling only slowly, which does not support Hassett's view on rate cuts. He believes that Hassett may not abandon his push for rate cuts in the face of facts, and the U.S. dollar may pay the price for this.