[Deutsche Bank Analyst: Fed Rate Cuts to Address Inflation May Pressure the Dollar] Deutsche Bank analyst Antje Praefcke stated that if the next Federal Reserve Chair responds to U.S. President Trump's call for rate cuts amid high inflation, the dollar could face downward pressure. Kevin Hassett, the White House National Economic Council Director expected to be nominated, is seen as a loyal supporter of Trump, which increases the likelihood of Fed rate cuts. Praefcke believes that if the Fed fails to effectively curb inflation risks, it will negatively impact the dollar. Even if the market merely anticipates the Fed adopting a more dovish stance, it would be enough to put pressure on the dollar.