[Analyst: The Federal Reserve Faces Pressure, Dollar May Experience High Volatility in 2026] Odaily Planet Daily News – Jane Foley, Head of FX Strategy at Rabobank, stated in a report that as pressure on the Federal Reserve increases, the dollar is expected to face greater volatility this year. The market is concerned that the Federal Reserve may lose its independence due to government demands for rate cuts and pressure on current Chair Jerome Powell. However, Foley pointed out that there is also a view suggesting that other members of the FOMC could act as a counterbalance to a Fed Chair inclined toward rate cuts, especially in the context of persistently high inflation. Foley noted that uncertainty surrounding the future credibility of the Federal Reserve could exert downward pressure on the dollar, "but it is unlikely to trigger an uncontrolled decline." (Jin10)