Trump says ‘I love the inflation’ as rate rises to 4.2% amid Iran war pressure
<p>Before the conflict began, inflation was at 2.4%, but the closure of the strait of Hormuz has affected energy prices</p><p><a href="https://www.theguardian.com/us-news/donaldtrump">Donald Trump</a> said “I love the inflation” after new data showed that <a href="https://www.theguardian.com/business/inflation">inflation</a> jumped to an annual rate of 4.2% in May, the third consecutive monthly increase since the start of the <a href="https://www.theguardian.com/world/us-israel-war-on-iran">Iran war</a> and a three-year high.</p><p>Speaking from the White House on Wednesday, the US president <a href="https://x.com/Acyn/status/2064741127249690894">said</a> that he was not concerned about inflation because of recent developments in the conflict.</p> <a href="https://www.theguardian.com/business/2026/jun/10/inflation-report-rate">Continue reading...</a>
- alleges — Trump says ‘I love the inflation’ as rate rises to 4.2% amid Iran war pressure (witness: wire-ingest; citation: https://www.theguardian.com/business/2026/jun/10/inflation-report-rate; status: supported)
- alleges — url: https://www.theguardian.com/business/2026/jun/10/inflation-report-rate (witness: wire-ingest; citation: https://www.theguardian.com/business/2026/jun/10/inflation-report-rate; status: supported)
- alleges — summary: <p>Before the conflict began, inflation was at 2.4%, but the closure of the strait of Hormuz has affected energy prices</p><p><a href="https://www.theguardian.com/us-news/donaldtrump">Donald Trump</a> said “I love the inflation” after new data showed that <a href="https://www.theguardian.com/business/inflation">inflation</a> jumped to an annual rate of 4.2% in May, the third consecutive monthly increase since the start of the <a href="https://www.theguardian.com/world/us-israel-war-on-iran">Iran war</a> and a three-year high.</p><p>Speaking from the White House on Wednesday, the US president <a href="https://x.com/Acyn/status/2064741127249690894">said</a> that he was not concerned about inflation because of recent developments in the conflict.</p> <a href="https://www.theguardian.com/business/2026/jun/10/inflation-report-rate">Continue reading...</a> (witness: wire-ingest; citation: https://www.theguardian.com/business/2026/jun/10/inflation-report-rate; status: supported)
- alleges — published: Wed, 10 Jun 2026 17:37:06 GMT (witness: wire-ingest; citation: https://www.theguardian.com/business/2026/jun/10/inflation-report-rate; status: supported)