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Trump: 'I love the inflation'
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Trump: 'I love the inflation'

BBC Business · Jun 10, 2026, 5:05 PM · Also reported by 4 other sources

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.

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