Trump: The U.S. dollar is very strong and will not cause inflation.
1 hours ago
U.S. President Donald Trump said he believes the Republican Party will perform well in the midterm elections, adding that his campaign rallies "really turned the tide". On the U.S. dollar, Trump stated "our dollar is very strong", while noting that a strong dollar can absolutely slow economic growth, but emphasized that a strong dollar does not cause inflation. Additionally, Trump said oil prices will drop after the war ends, noting that oil is still being transported through the Strait of Hormuz, and he reiterated that Iran’s current economic situation is "very bad".
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