
Trump says he 'loves the inflation' as prices rise at fastest rate in three years
President Donald Trump stated he "loves the inflation" as US prices rose at their fastest rate in three years, citing a drop in oil prices following military strikes on Iran. The Bureau of Labor Statistics (BLS) reported a 4.2% increase in May from a year earlier, driven by rising energy costs. While Trump promised the prices would "come down like a rock" once the war with Iran is over, critics argue his remarks are out of touch with voters' concerns about inflation. The conflict has led to increased costs for goods and services, including plane tickets, personal care, and recreation. The US Federal Reserve faces pressure to raise interest rates in response to persistent inflation despite Trump's statements.
10 JUN 2026
— Al Jazeera
US inflation hits new three-year high amid energy price surge | Business and Economy News
— NDTV
President Trump defended his stance on inflation, stating he "loves the inflation," despite rising consumer prices driven by the US-Israel war against Iran.
· THIS STORY — BBC
President Trump defended his stance on inflation, claiming he "loves the inflation" despite rising prices driven by increased energy costs.
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