The upside potential for the dollar is limited, and the Federal Reserve faces challenges

ChainCatcher news, according to Jinshi reports, Deutsche Bank stated that given the challenges faced by the Federal Reserve, the upside potential for the dollar is limited. Federal Reserve Chairman Powell may find it difficult to navigate between appropriate monetary policy and political demands, leading to a challenging and volatile situation for the dollar. In addition, President Trump has repeatedly called for interest rate cuts and criticized Powell's cautious stance on policy easing. The dismissal of Federal Reserve Governor Lisa Cook on Monday has raised new concerns about the independence of the Federal Reserve.