U.S. Vice President J.D. Vance said the latest exchanges of fire between the United States and Iran should not be defined as a war, while offering no clear timeline for when the conflict might end. He said the United States has already concluded its main military operations against Iran and is now focused on preventing Tehran from interfering with commercial oil shipping. Vance also said Washington will not enter talks as long as Iran continues attacking commercial maritime traffic.
At the same time, Vance repeated his push for Federal Reserve rate cuts. He argued that lower borrowing costs would help improve housing affordability in the United States and said the White House is already taking steps to bring rates down. "If the Federal Reserve can help, that would be even better," he said. His remarks stood in contrast to recent comments by Federal Reserve Chair Kevin Warsh, who has stressed the need to control inflation and bring it back to the central bank’s 2% target.
According to BlockBeats, on Sept. 4, U.S. Vice President J.D. Vance said that even with the United States and Iran trading fire again, he does not see the current situation as a "war." He also did not give any clear timeline for when the conflict would end.
Vance said the United States has wrapped up its main combat operations against Iran. The focus now, he said, is making sure Iran can no longer interfere with commercial oil shipping. And he added that the U.S. will not negotiate while Tehran keeps attacking commercial maritime traffic.
Vance also repeated his push for the Federal Reserve to cut interest rates, arguing that lower rates would make housing in the United States more affordable. He said the White House is already taking steps to drive rates lower, adding, "If the Federal Reserve can help, that would be even better."
Those comments stood in contrast to recent remarks from Federal Reserve Chair Kevin Warsh, who has stressed controlling inflation and getting the inflation rate back down to the 2% target.
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