Trump might 'love the inflation,' but consumers are feeling the pain, experts say

CNBC Top News ·

Trump might 'love the inflation,' but consumers are feeling the pain, experts say

"You know what I really love? I love the inflation ," President Donald Trump said Wednesday after the consumer price index climbed above 4% for the first time in three years, stemming from the Iran …

"You know what I really love? I love the inflation ," President Donald Trump said Wednesday after the consumer price index climbed above 4% for the first time in three years, stemming from the Iran war's surge in energy prices. "The numbers were great," Trump, speaking with reporters in the Oval Office, said of the CPI data released by the Bureau of Labor Statistics . U.S. households have been feeling less enthusiastic about the impact of the Middle East conflict on the cost of everyday goods. …

Original source: CNBC Top News

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United States · New York · Middle East · White House · Donald Trump · Federal Reserve Bank · Bureau of Labor Statistics