business
Trump: 'I love the inflation'
Key takeaways
- During an Oval Office signing event, President Donald Trump said, "I love the inflation" in response to a reporter's question about news that it had surged to a three-year high of 4.2%.
- The president also revealed that the US has been "taking out millions of barrels of oil" from Iran, saying Tehran didn't know about it "until right now".
- Despite its recent climb, Trump insisted that inflation will "come down like a rock" after the war is over.
During an Oval Office signing event, President Donald Trump said, "I love the inflation" in response to a reporter's question about news that it had surged to a three-year high of 4.2%.
The president also revealed that the US has been "taking out millions of barrels of oil" from Iran, saying Tehran didn't know about it "until right now".
Despite its recent climb, Trump insisted that inflation will "come down like a rock" after the war is over.
Article preview — originally published by BBC Business. Full story at the source.
Read full story on BBC Business →
More top stories
Also covered by
Forbes
Trump Says ‘I Love The Inflation’ After It Reaches 3-Year High
The Hill
Trump embraces May price spikes amid Iran war: 'I love the inflation'
CNBC
Trump says 'I love the inflation' after consumer price index hits 3-year high
The Hill
Greene rips Trump's economy: 'MAGA used to call this Biden inflation'
Aggregated and edited by the Scoop newsroom. We surface news from BBC Business alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop