Trump Presses for Economic Changes Amidst Rising Prices

In a recent statement, U.S. President Donald Trump affirmed his decision to retain Federal Reserve Chairman Jerome Powell, despite his push for reduced interest rates to boost economic growth. The President hinted at possible future interventions but remained vague on specifics.

The President also addressed the issue of rising oil prices. Expressing dissatisfaction with the current trend, Trump implied that escalating prices were an unwelcome economic development, hinting at possible measures to tackle this challenge.

These remarks underscore the administration's focus on economic adjustments amid global market fluctuations. Observers are watching closely for any concrete actions from the White House to address these fiscal issues.

(With inputs from agencies.)