Trump says ‘I love the inflation’ after consumer price index hits 3-year high
u/SecretComposer ·
Reddit — r/stocks
· June 10, 2026 at 17:05
· ⬆ 267 pts
· 💬 44 comments
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Summary
Post discusses Trump's statement that he "loves inflation" after CPI hit a three-year high, citing potential oil supply increases after the war.
Author highlights the contradiction between Trump's desire for rate cuts and his apparent acceptance of high inflation.
Quality assessment: Noise – it's a news reaction with no original data or analytical framework, merely commentary on political inconsistency.
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Source: [CNBC](https://www.cnbc.com/2026/06/10/trump-inflation-cpi-iran-oil.html)
The number one thing he was re-elected for, and he says he loves how high the inflation currently is? While also wanting to cut rates?
>“You know what I really love? I love the inflation. You know why?” Trump said. “Because as soon as this war is over, you know I can say it now ... you know we’ve been taking out millions of barrels of oil.”
> While the CPI showed annual inflation at a three-year high, core inflation, which excludes the cost of food and energy, was at 2.9% annually. That is in line with forecasts by economists.