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Society & Culture

“I Love the Inflation”: Trump Downplays Rising costs Amid War

podcast June 11, 2026


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Annual inflation rose to a three-year-high of 4.2% in May, underscoring how elevated energy prices are rippling through the US economy, according to new data from the Bureau of Labor Statistics. Prices rose 0.5% on a monthly basis, driven higher by the US-Israeli war with Iran, the latest Consumer Price Index shows.

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