The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising ...

President Donald Trump said on June 10, 'I love the inflation.' The May CPI report shows prices have gone up 4.2% since the year prior. Trump later told the New York Post he said he thought the ...

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Washington — President Trump on Wednesday applauded the latest inflation spike, saying the numbers are "great" and "I love the inflation" because the U.S. is "taking out" what he called "millions" of ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. President Donald Trump appeared to downplay a Bureau of Labor ...

WASHINGTON, June 10 (Reuters) - President Donald Trump on Wednesday appeared to embrace data showing inflation has risen more than 4%, telling reporters that he "loved" inflation and reiterating ‌his ...

President Donald Trump on Wednesday showed how he had learned to stop worrying about inflation and simply, in his own words, “love” it. Asked about the new report that the consumer price index in May ...

Inflation ticked higher in May as American consumers continued to face elevated fuel prices amid the Iran war's impact on the energy market and across the economy. The Bureau of Labor Statistics (BLS) ...

Inflation surged in May to the highest level since early 2023, as Iran war-related fuel costs worked their way through the broader economy. Limited time: Save 25% on NBC News subscription Get ...

President Donald Trump appeared to downplay a Bureau of Labor Statistics (BLS) report finding rising inflation on Wednesday, telling reporters, “I love the inflation” in the Oval Office. Inflation and ...