BlockBeats news, on August 27, Deutsche Bank analyst Antje Praefcke stated that the independence of the Federal Reserve is under threat and the worsening U.S. budget deficit is a structural pressure factor facing the dollar. The dismissal of Federal Reserve Governor Lisa Cook by President Trump has raised new concerns about the Fed's independence, which she said is 'crucial for maintaining the value of currency.' Praefcke noted that central banks must make painful decisions to address economic imbalances. Additionally, the dollar is also facing the blow of concerns about the sustainability of U.S. debt. Trump's tax and spending plan may ultimately be more expensive than currently planned. She stated that while some tax incentives should be temporary, past experiences show that it is difficult to reverse these incentives as they approach expiration. (Jinshi)