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Trump reacts to latest Consumer Price Index data amid Iran war: ‘I love the inflation’

President Donald Trump is commenting on the most recent Consumer Price Index figures, which indicate that inflation increased to 4.2% in May. Trump stated, “I love the inflation,” and predicted that oil and gas prices will decline once the conflict with Iran concludes.

President Trump reacted to the May inflation rate of 4.2%, expressing his fondness for inflation and anticipating lower oil and gas prices after the Iran conflict ends. (Bloomberg)

“No, I love it. The numbers were great. You know what I really love? I love the inflation,” Trump said while speaking to the press in the Oval Office.

“You know why? Because as soon as this war is over… it’s going to come down like a rock,” he added.