India, June 8 -- European stocks are seen opening on a sluggish note Monday, with Middle East concerns and rate hike worries likely to keep investors on edge.
Pushing against U.S. rate-hike bets, U.S. President Donald Trump said that there is too much emphasis on inflation and that increasing the benchmark interest rate would be "the wrong thing to do".
His remarks come as Fed Chair Kevin Warsh prepares to lead his first Federal Open Market Committee meeting on June 16-17.
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