Donald Trump insisted that surging inflation, caused by his tariffs and war in Iran, is a great thing.
Trump defended his "love for inflation" statement despite 4.2% CPI (3-year high) matching economists' forecasts, claiming post-war conditions will drive rate declines. For tech leaders, macro uncertainty and persistent cost pressures on cloud infrastructure, tools, and headcount remain material planning risks.
Consumer prices were up 4.2% last month compared to May 2025.
President Donald Trump declared his "love" for inflation after reports showed that United States Consumer Price Index inflation rose to 4.2%.
President Trump suggested that inflation would drop when the U.S. war against Iran ends, and said, "we've been taking out millions of barrels of oil."
US President Donald Trump on Wednesday struck an unexpectedly upbeat note on inflation, saying that he "loves" it. The response came after fresh data showed that consumer prices in the United States had risen at their…
US President Donald Trump expressed approval of rising inflation, attributing the 4.2% surge in May to Iranian oil sanctions and forecasting price stabilization post-conflict.
US President Donald Trump on Wednesday brushed off concerns about consumer inflation surging to a fresh three-year high in May, on the back of soaring energy prices caused by his war in Iran.
US President Donald Trump on Wednesday brushed off concerns about consumer inflation surging to a fresh three-year high in May, on the back of soaring energy prices caused by his…
President Donald Trump commented on the latest Consumer Price Index, noting inflation rose to 4.2% in May.
President Trump said the U.S. is seizing "millions" of barrels of Iranian oil in the dead of night, and said inflation will come down when the war ends.
President Donald Trump brushed off the nation's sharp increase in consumer prices, telling reporters, \
The president told reporters that the inflation number is only reacting to the war in Iran, and it will adjust once the ceasefire becomes permanent.
President Donald Trump has a surprising take on a new report that shows inflation spiking to its highest level in three years.
Oh, and also we've been secretly taking "millions of barrels of oil" from Iran, Trump said.
WASHINGTON (AP) — President Donald Trump on Wednesday showed how he had learned to stop worrying about inflation and simply, in his own words, “love” it.
Presidente americano respondeu a questionamentos sobre a inflação ao consumidor nos EUA, que cresceu em maio no ritmo mais rápido dos últimos três anos
Trump’s “I love inflation” comment sparked backlash as US inflation rose to 4.2%. Hashtag 'Can't Afford Trump' started trending on social media.
"The only industry that isn’t suffering under Trump are Democratic ad makers," one person snarkily noted.
‘The president is laser-focused on the domestic economic situation,’ the House speaker says. ‘He is working to bring down prices; his working to get the strait of Hormuz reopened’
US President Donald Trump has brushed off concerns about consumer inflation surging to a fresh three-year high, on the back of soaring energy prices caused by his war in Iran.
Donald Trump has told reporters that he loves the inflation after dire numbers were released today.
Donald Trump said point-blank that sky-high inflation is a good thing, actually.
U.S. inflation reached a three-year high of 4.2%, with Trump arguing that ending the war will resolve both the conflict and rising prices.