Trump lauds inflation as CPI hits three-year high
TL;DR Summary
President Donald Trump reacted to the latest CPI data by saying 'I love the inflation' after the consumer price index rose to 4.2% year over year—a three-year high—with core inflation at 2.9%. He framed the rise as positive and tied it, in part, to U.S. actions against Iran, claiming credit for oil disruptions, though the link to prices was unclear. Economists forecast core inflation around 2.9%, and White House inquiries for comment were noted.
- Trump says 'I love the inflation' after consumer price index hits 3-year high CNBC
- Inflation heats up to highest pace in three years, fueled by Iran war The Washington Post
- Trump Says He Loves Inflation Caused By Iran War Forbes
- JPMorgan Sees May as CPI ‘High-Water Mark’ With Fed Set to Hold Bloomberg.com
- It's Nearly Impossible to Find a Savings Account That Outpaces Inflation. These Do. Kiplinger
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