Svmuu News: Jane Foley, Head of FX Strategy at Rabobank, stated in a report that the U.S. dollar is expected to face greater volatility this year as pressure mounts on Federal Reserve.Markets are concerned that the Federal Reserve (Federal Reserve) may lose its independence due to government demands for interest rate cuts and pressure on current Chair Jerome Powell. However, Foley noted that some believe other members of the FOMC could act as a counterweight to a Chair Federal Reserve who favors rate cuts, given that inflation remains elevated.Foley stated that uncertainty surrounding the future credibility of Federal Reserve could put downward pressure on the dollar, “but not enough to trigger a runaway decline.” (Jin Shi)