Trump says ‘I love the inflation’ as rate rises to 4.2% amid Iran war pressure

Source: US news | The Guardian · Bias: Center Left

Summary

Before the conflict began, inflation was at 2.4%, but the closure of the strait of Hormuz has affected energy pricesDonald Trump said “I love the inflation” after new data showed that inflation jumped to an annual rate of 4.2% in May, the third consecutive monthly increase since the start of the Iran war and a three-year high.Speaking from the White House on Wednesday, the US president said that he was not concerned about inflation because of recent developments in the conflict. Continue reading...

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Trump says ‘I love the inflation’ as rate rises to 4.2% amid Iran war pressure
US news | The Guardian

Trump says ‘I love the inflation’ as rate rises to 4.2% amid Iran war pressure

Center Left

Before the conflict began, inflation was at 2.4%, but the closure of the strait of Hormuz has affected energy pricesDonald Trump said “I love the inflation” after new data showed that inflation jumped to an annual rate of 4.2% in May, the third consecutive monthly increase since the start of the Iran war and a three-year high.Speaking from the White House on Wednesday, the US president said that he was not concerned about inflation because of recent developments in the conflict. Continue reading...