If Trump pressures the Federal Reserve to cut interest rates, the dollar may weaken

According to Jinshi reports, Antje Praefcke, a foreign exchange analyst at Commerzbank, pointed out in a report that if Trump calls for interest rate cuts again, the dollar may weaken.

The oil price shock caused by the Iran war should gradually transmit to the price level. Even if the war ends, energy prices may not return to pre-conflict levels. Trump may pressure the Federal Reserve to cut interest rates again to boost his approval ratings before the midterm elections.

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