Trump says ‘I love inflation’ as oil rises

Trump says – President Donald Trump, asked about inflation after new consumer price data showed a three-year high of 4.2 percent, told reporters, “I love the inflation.” He tied his optimism to the United States’ actions in the Iran war—saying inflation was 2.4 percent in
At a press conference on Wednesday afternoon, President Donald Trump leaned into a question about inflation even as fresh data landed in the middle of the economic anxiety he’s faced for months.
A reporter asked whether he was concerned about the latest inflation numbers after the consumer price index hit a three-year high of 4.2 percent. Trump didn’t just downplay it. He smiled and said: “I love the inflation.”
He framed that response around a specific before-and-after timeline. In February—before the United States began bombing Iran—he said inflation was at 2.4 percent. Then he pointed to the war as the reason prices might ease. predicting that inflation will “come down like a rock” once the fighting is over.
Trump’s explanation quickly widened from the CPI to oil and the Strait of Hormuz. He told reporters the US had been taking out “millions of barrels of oil. ” and he suggested Iran had not been taking advantage of similar access “until right now.” He used that claim to argue that energy prices are the key driver of current conditions. saying the price at the moment was “at 85. $90 a barrel instead of 250.”.
About an hour later, he repeated the same theme online. In a social media post, he wrote: “Last month, I directed our Great U.S. Military to execute a secret mission to support Oil Tankers and other Commercial Ships through the Strait of Hormuz.”
Trump also returned to the promise that the economic rebound would follow the war’s end. “When the war is over, you will see oil drop to where it was before,” he said at the press conference.
But the picture he painted was incomplete—because he was also clear he intends to keep escalating the campaign against Iran. “We’re going to be attacking them…very hard,” Trump vowed today.
The human toll of the war has already reached a grim milestone. Almost 3,500 Iranians have been killed in the US and Israel’s war on the country since February 28.
There’s a sharp contradiction embedded in Trump’s message: he says inflation is something to “love” while blaming the current surge on wartime oil dynamics—and yet he also insists the attacks will continue, leaving little certainty about when his promised drop in oil prices would actually arrive.
Donald Trump inflation consumer price index CPI Iran war Strait of Hormuz oil prices oil tankers Great U.S. Military February 28 Great U.S. Military secret mission