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Trump embraces May price spikes amid Iran war: ‘I love the inflation’
President Trump told reporters Wednesday that he loved “inflation,” after he was asked about inflation spiking in May. “No, I love it. The numbers were great,” Trump said when asked if he was concerned about the latest data, which showed the consumer price index rising to 4.2 percent over the past 12 months — with…
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Source context: President Trump told reporters Wednesday that he loved “inflation,” after he was asked about inflation spiking in May. “No, I love it. The numbers were great,” Trump said when asked if he was concerned about the latest data, which showed the consumer price index rising to 4.2 per…
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The president suggested the recent numbers mean there will be a bigger decline in inflation once the war in Iran is over.
Senate Republican Majority Leader John Thune was noticeably absent from Wednesday’s Oval Office bill signing ceremony — but top House and Senate leaders — including Speaker Mike Johnson — were present, cheering on the president. Thune did take time to talk with reporters, where he tied Wednesday’s surging inflation numbers to Trump’s Iran war.The…
The U.S. annual inflation rate is the highest it’s been in three years—a clear consequence of President Trump’s widely unpopular, very expensive war on Iran, which drags on even as he constantly claims that he’s close to a deal.The Bureau of Labor Statistics reported on Wednesday that the consumer price index rose 0.5 percent last month, with energy costs…
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…
President Donald Trump insisted he loves inflation caused by his war in Iran and claimed he tanked the stock market on purpose.The 79-year-old president spoke to reporters Wednesday in the Oval Office, where he was asked about year-over-year inflation hitting a three-year high of 4.2 percent last month as his war pushed energy prices higher, and he claimed…
Trump claims ending the Iran War will curb inflation, but several questions remain — including when the war will end.
The President’s remark comes as the inflation rate last month hit a three-year high.
After newly-released federal data showed inflation spiking to its highest level in three years, driven in large part by the soaring gas and oil prices related to the United States’ war with Iran, President Donald Trump reacted saying, “I love the inflation.” He later said that what he meant to say is that “despite the fact that we’re in a war, the numbers…
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President Trump told reporters Wednesday that he loved “inflation,” after he was asked about inflation spiking in May. “No, I love it. The numbers were great,” Trump said when asked if he was concerned about the latest data, which showed the consumer price index rising to 4.2 percent over the past 12 months — with…
Rising inflation has soured many Americans on the economy, as the cost of gas, groceries, and other necessities hammer many Americans financially.
Consumers are increasingly feeling the strain of the US-Israel war in Iran.
2 publishers
President Donald Trump declared his “love” for inflation on Wednesday, after the United States Consumer Price Index inflation rose to 4.2%. “No, I love it, the numbers were great. You know what I really love? I love the inflation,” Trump said during an Oval Office signing ceremony for the Secure America Act. The U.S. Bureau…
Donald Trump is downplaying Americans' economic woes as he orders more strikes on Iran.
