General · 11 June 2026

US inflation hits 3-year high, Trump 'loves it'

American households are feeling the pinch as prices rose last month at their fastest rate in three years. On Wednesday, Donald Trump said he 'loves the inflation' after US prices jumped to an annual rate of 4.2% in May. This was the third monthly increase in a row, mainly driven by rising energy costs from the Iran war.

By BriefTea Editorial · 11 June 2026 at 6:44

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