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Love the inflation,' Trump says as prices jump again
— Ai Summary —
Inflation rose to 4.2% in May, and President Donald Trump told reporters at the White House that he loves the inflation. Energy prices are up 23.5% over 12 months, with gasoline up 40.5%. Trump claimed the United States was secretly moving oil through the Strait of Hormuz and said the May numbers are 'great'. The remarks come as inflation is a focal point ahead of November's midterm elections, with critics noting that working families bear the brunt of higher prices. Senator Bernie Sanders said that families struggle to afford essentials because of policy choices.
AI-generated summary • Source: Yahoo! Finance • Read the full article for complete information.





