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

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…