Trump Says ‘I Love The Inflation’ After It Reaches 3-Year High
Key takeaways
- Topline President Donald Trump said “I love inflation” after it rose to a three-year high earlier Wednesday amid the Iran war and surging gas prices—his latest dismissal of Americans’ economic concerns.
- President Donald Trump speaks during a signing ceremony for the "Secure America Act" in the Oval Office of the White House in Washington, DC, on June 10, 2026.
- Inflation was 4.2% in May from the same month last year, marking the steepest increase in prices since April 2023.
Topline President Donald Trump said “I love inflation” after it rose to a three-year high earlier Wednesday amid the Iran war and surging gas prices—his latest dismissal of Americans’ economic concerns.
President Donald Trump speaks during a signing ceremony for the "Secure America Act" in the Oval Office of the White House in Washington, DC, on June 10, 2026. (Photo by Ken Cedeno / AFP via Getty Images)AFP via Getty Images Key Facts When asked if he was concerned about the rise in consumer prices, Trump said, “no, I love it. I love the inflation,” insisting it will fall “like a rock” once the Iran war is over.
The comments are reminiscent of Trump’s remarks last month that he’s not thinking about Americans’ finances “even a little bit” when making decisions about the Iran war.