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Trump Opposes Federal Reserve Rate Hikes, Says High Oil Prices Are Temporary Pain

Commodities Forex

2026-06-08 08:14:03

According to ChainCatcher, in a latest interview, Trump expressed opposition to Federal Reserve rate hikes, calling them an "unfair" punishment. He stated he wants Fed Chair Powell to "do what he wants to do," but made clear his stance against monetary tightening.

Trump also disclosed that the U.S. is applying diplomatic and military pressure aimed at completely eliminating Iran's nuclear weapons capability. Regarding energy markets, he characterized high oil prices as temporary pain, signaling that markets must endure near-term volatility.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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