Trump embraces inflation and expects price drops soon
President Trump said he loves the rising inflation and expects prices to fall after the Iran war ends. Data shows consumer prices rose over four percent in May.
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Donald Trump stated "I love the inflation" on Wednesday after United States consumer prices saw a 4% increase. This May data represents the fastest pace of price growth in three years amid the ongoing war with Iran. Rising costs threaten Republican control of Congress and could prevent the Federal Reserve from cutting interest rates.
