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) ...

President Donald Trump said, "I love the inflation" after he was asked if he was worried about newly released consumer price index data. The CPI showed the annual inflation rate at 4.2%, a three-year ...

Inflation has lowered somewhat during President Donald Trump’s second term, but it’s not “plummeting,” as he boasted in his State of the Union speech. And he falsely claimed he inherited “record ...

Inflation surged in May to the highest level since early 2023, as Iran war-related fuel costs worked their way through the broader economy. Subscribe to read this story ad-free Get unlimited access to ...

new video loaded: Trump Says He ‘Loves the Inflation’ Amid War With Iran transcript President Trump dismissed the newest inflation report on Wednesday, marking the third-straight month of high prices ...

The Consumer Price Index is one of the last major data releases ahead of Kevin M. Warsh’s first meeting as chair of the Federal Reserve. By Colby Smith Colby Smith covers the Federal Reserve. The ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

President Donald Trump embraced an unlikely foe Wednesday: inflation. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Asked by reporters whether he ...

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 ...

Sara Dorn is a Forbes news reporter who covers politics. President Donald Trump speaks during a signing ceremony for the "Secure America Act" in the Oval Office of the White House in Washington, DC, ...

US consumer prices continued to soar in May, pushed higher by surging energy costs more than three months into a war with Iran, according to government data released Wednesday. Prices rose 4.2% from ...

After new consumer price index data hit a 3-year high, President Donald Trump said “I love the inflation." For consumers, soaring inflation has made it harder to make ends meet. Elevated prices have ...