Trump says 'I love the inflation' as CPI hits 4.2%, a three-year high
By
Dan Mangan
Fresh out the oven, still warm. Top of the tray.
Summary
President Donald Trump responded to new CPI data showing 4.2% annual inflation (a three-year high) by saying "I love the inflation" and calling the numbers "great." He predicted inflation would drop sharply after the U.S. war against Iran ends, and made a confusing statement about the U.S. "taking millions of barrels of oil" and ships. The article reports on Trump's remarks to reporters in the Oval Office regarding the inflation figures.
Key quotes
· 4 pulledNo, I love it, the numbers were great
I love the inflation
going to come down like a rock
We've been taking out millions of barrels of oil.
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