Trump says he 'loves' inflation after consumer prices hit 4.2%, highest in three years
By
, USA TODAY
The kind of bagel that ruins lesser bagels for you.
Summary
President Donald Trump dismissed concerns about rising inflation, which hit a 4.2% increase in May — the highest in three years — telling reporters he "loves" the inflation. The surge in consumer prices, driven partly by high gas prices resulting from the U.S. war in Iran, was immediately seized upon by Democrats as a political issue. Trump's comments came in response to the Labor Department's latest Consumer Price Index report showing inflation climbing above 4% for the first time since 2023.
Key quotes
· 3 pulledNo, I love it. The numbers were great.
I love the inflation.
The numbers were great.
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