Trump: I love inflation, the latest CPI has risen to 4.2% year-on-year
According to Jinshi, when asked by reporters if he was concerned about the latest inflation data released today, U.S. President Trump said, "No, I like it. I love inflation." The latest data shows that the U.S. May CPI rose 4.2% year-on-year, reaching a three-year high, while the core CPI year-on-year rate hit a new high since September of last year.
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