Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - US
The Guardian - US
Business
Gaya Gupta

Trump says ‘I love the inflation’ as rate rises to 4.2% amid Iran war pressure

Inflation United States Iran US Federal Reserve Donald Trump Kevin Warsh Hormuz
People pump gas at a gas station
People pump gas at a gas station in Washington DC on 30 May 2026. Photograph: Bonnie Cash/UPI/Shutterstock

Donald Trump said “I love the inflation” after new data showed that inflation jumped to an annual rate of 4.2% in May, the third consecutive monthly increase since the start of the Iran war and a three-year high.

Speaking from the White House on Wednesday, the US president said that he was not concerned about inflation because of recent developments in the conflict.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Miley Cyrus Admits She Wants Men to 'Hurry' During Sex Because She Doesn't Want To Look at Their Penises
Miley Cyrus's candid discussion of sex, attraction and her queer identity on Call Her Daddy has gone viral, prompting humour, criticism and debate across social media.
International Business Times UK
International Business Times UK
Man Shares 8 Non-Negotiables For How Men Should Treat Women, And Some Of His Rules Have People Talking
A man’s list of “non-negotiables” for how men should treat women has sparked a heated online debate, with some viewers calling the advice the “bare minimum” and others saying several rules feel “outdated.”
Bored Panda
Bored Panda
Billionaires love Trump’s AI rebrand
Trump and his tech bros want to turn us all into video game wallpaper
Salon
Salon
Shane Gillis Drew Backlash Over Joke That Women Dress Like 'Whores' as Dan Levy Responds
Shane Gillis faces criticism over his SNL monologue as Dan Levy calls out misogyny and urges men to challenge the objectification of women
International Business Times UK
International Business Times UK
WWE Raw: The Bloodline's Family Reunion Takes a Dangerous Turn as Solo Sikoa Joins The Usos Against 946
Carmelo Hayes made a surprise appearance on WWE Raw, joining The 946 to attack Solo Sikoa and The Usos and end their six-man tag team match without a winner.
International Business Times UK
International Business Times UK
Tyson review – deeply icky … and that’s before Trump shows up
This peculiar – some would say truly irresponsible – hagiography of boxing superstar Mike Tyson veers from psychedelics and sobbing to the inadvisable face tattoo via a cameo from the US president
The Guardian - UK
The Guardian - UK
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play