U.S. President Donald Trump Says He Loves Inflation After May CPI Rises to 4.2%

U.S. President Donald Trump said he was not worried about the latest inflation data released today, telling reporters, “No, I like it. I love inflation.” According to Odaily, the latest data showed the U.S. Consumer Price Index rose 4.2% year over year in May, marking a three-year high. The report also said the annual core CPI rate reached its highest level since September of last year.