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Economics3h 6m ago
US President Donald Trump said his remarks on inflation had been taken out of context, after he said he 'loves inflation' during a White House meeting.
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White House
Who
Donald Trump, Bureau of Labor Statistics (BLS)
What
US President Donald Trump said his remarks on inflation had been taken out of context, after he said he 'loves inflation' during a White House meeting.
When
Thu, 11 Jun 2026 12:07:00 GMT · 3h 6m ago
Where
White House ·
Why
Trump clarified that he meant he was happy inflation was 'much lower than anticipated' despite the Iran war.
The Frontline Impact
How this affects you
Consumer prices in the US experienced their fastest increase in three years last month, rising 4.2% in May year-over-year, which is attributed to higher energy costs following the US–Israel conflict involving Iran.
Story chain
2 events in this thread- Economics2h 3m agoPresident Donald Trump said on June 10, 'I love the inflation,' in response to a reporter's question about the May CPI report, later clarifying to the New York Post that his comments were taken out of context.Open article
- Currently Reading3h 6m agoUS President Donald Trump said his remarks on inflation had been taken out of context, after he said he 'loves inflation' during a White House meeting.