Trump Says Strong Dollar Can Slow Growth Without Driving Inflation
He also predicted oil prices would fall after the war ends and said oil continues to move through the Strait of Hormuz.
President Donald Trump said a strong U.S. dollar can weigh on economic growth without driving inflation, alongside remarks on the midterm elections and oil shipments through the Strait of Hormuz.
Trump said Republicans would perform well in the midterms and that his campaign rallies had changed the political landscape.
On energy, Trump predicted oil prices would fall after the war ends. He said oil continues to pass through the Strait of Hormuz, a key route for global energy shipments, and described Iran’s economy as being in very poor condition.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.