Finance

Trump says ‘I love the inflation’ after consumer price index hits 3-year high

President Trump suggested that inflation would drop when the U.S. war against Iran ends, and said, “we’ve been taking out millions of barrels of oil.”​President Trump suggested that inflation would drop when the U.S. war against Iran ends, and said, “we’ve been taking out millions of barrels of oil.” 

US President Donald Trump speaks during a signing ceremony for the “Secure America Act” in the Oval Office of the White House in Washington, DC, on June 10, 2026.
Ken Cedeno | Afp | Getty Images

President Donald Trump on Wednesday said, “I love the inflation” after being asked if he was concerned about new consumer price index data that showed the annual inflation rate at 4.2%, a three-year high.

“No, I love it, the numbers were great,” Trump said in the Oval Office.
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