US President Donald Trump has sparked a political firestorm after declaring, 'I love the inflation,' just as new figures showed the cost of living had surged to its highest level in three years.
The controversial remark came as millions of Americans grapple with rising household bills, soaring fuel costs and growing economic uncertainty fuelled by the ongoing conflict in the Middle East. Trump's attempt to play down inflation fears was swiftly seized upon by critics, who accused him of being dangerously out of touch with the financial pressures facing ordinary families.