Trump: ‘I love the inflation’ with jump to 4.2% in third running rise amid Iran war
People pump gas at a gas station in Washington DC on 30 May 2026. Photograph: Bonnie Cash/UPI/ShutterstockView image in fullscreenPeople pump gas at a gas station in Washington DC on 30 May 2026. “That’s why oil is at $85 a barrel.”Trump emphasized his control over the situation, saying that since the outset of the war, he understood the impact that it would have on the economy.“Remember when I did this, I said … I hate to do this to you guys, but Iran is going to have a nuclear weapon very soon.
- ▪People pump gas at a gas station in Washington DC on 30 May 2026.
- ▪Photograph: Bonnie Cash/UPI/ShutterstockView image in fullscreenPeople pump gas at a gas station in Washington DC on 30 May 2026.
- ▪“That’s why oil is at $85 a barrel.”Trump emphasized his control over the situation, saying that since the outset of the war, he understood the impact that it would have on the economy.“Remember when I did this, I said … I hate to do this t
3 outlets in our directory ran this story, first to last over 7 hours. Coverage spans 2 points on the political spectrum — 1 left, 1 lean left.
- ▪ Trump Shrugs Off High Prices Amid Iran War and Says ‘I Love the Inflation’ — NYT > Top Stories
- ▪ “I Love Inflation,” Trump Says, As Rates Rise Thanks to Iran War — Mother Jones
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| Original publisher | The Guardian — World |
| Canonical URL | https://www.theguardian.com/business/2026/jun/10/inflation-report-rate |
| Publication time | Wed, 10 Jun 2026 17:37:06 GMT |
| Retrieval time | 2026-06-10T17:49:05.665Z |
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People pump gas at a gas station in Washington DC on 30 May 2026. Photograph: Bonnie Cash/UPI/ShutterstockView image in fullscreenPeople pump gas at a gas station in Washington DC on 30 May 2026. Photograph: Bonnie Cash/UPI/ShutterstockInflationTrump says ‘I love the inflation’ as rate rises to 4.2% amid Iran war pressureBefore the conflict began, inflation was at 2.4%, but the closure of the strait of Hormuz has affected energy pricesGaya GuptaWed 10 Jun 2026 13.37 EDTFirst published on Wed 10 Jun 2026 08.34 EDTSharePrefer the Guardian on GoogleDonald Trump said “I love the inflation” after new data showed that inflation jumped to an annual rate of 4.2% in May, the third consecutive monthly increase since the start of the Iran war and a three-year high.Speaking from the White House on…
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