[Commerzbank: If Hassett Insists on Rate Cuts, the Dollar May Come Under Pressure] According to a report by Golden Finance, Volkmar Baur of Commerzbank stated in a report that if Hassett (a leading candidate for the next Federal Reserve Chair) insists on pushing for rate cuts despite economic fundamentals, the dollar may come under pressure as a result. Baur pointed out that data shows the labor market is only cooling down slowly, which does not support Hassett's stance on rate cuts. He believes that Hassett may not abandon his push for rate cuts despite the facts, and the dollar might pay the price for it.