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President Donald Trump said on June 10, 'I love the inflation.' The May CPI report shows prices have gone up 4.2% since the year prior. Trump later told the New York Post he said he thought the ...

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WASHINGTON — President Donald Trump brushed off concerns about the nation's sharp increase in consumer prices, telling reporters that he loves the inflation as gas prices remain high as a result of ...

new video loaded: Trump Says He ‘Loves the Inflation’ Amid War With Iran transcript President Trump dismissed the newest inflation report on Wednesday, marking the third-straight month of high prices ...

May inflation hit 4.2%, the highest since 2023. Energy costs are up 23% since last year, and economists warn wage growth isn't keeping pace with prices.

U.S. inflation has exceeded the Federal Reserve’s 2% annual target for more than five years and did so again in May, rising 4.2% on an annual basis, as measured by the consumer price index. Similarly, ...

What goes up must come down — including the rate of inflation. The recent surge in prices may have run its course. Make no mistake: An inflation rate of 4%-plus, which the U.S. is currently ...

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 ...

Ty Roush is a breaking news reporter based in New York City. Consumer prices increased 4.2% from May 2025 and 0.5% between April and May, the Bureau of Labor Statistics reported, matching consensus ...

Inflation ticked higher in May as American consumers continued to face elevated fuel prices amid the Iran war's impact on the energy market and across the economy. The Bureau of Labor Statistics (BLS) ...

Inflation surged in May to the highest level since early 2023, as Iran war-related fuel costs worked their way through the broader economy. Subscribe to read this story ad-free Get unlimited access to ...