Trump Shrugs Off High Prices Amid Iran War and Says ‘I Love the Inflation’
As inflation outpaces workers’ wages, the Trump administration insists that its agenda is working.
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As inflation outpaces workers’ wages, the Trump administration insists that its agenda is working.
Companies appear hesitant to pass those price increases on to weary consumers, whose wages aren’t keeping up.
The European Central Bank raised interest rates for the first time since 2023. It expects inflation to run hotter than previously thought, and downgraded its fo
The president also revealed that the US is 'taking out' millions of barrels of oil from Iran, saying Tehran didn't know 'until right now'.
The US president later said he had meant that he actually loved that inflation was not higher.
Wholesale prices in May posted the biggest back-to-back increases since 2022 and kept the pressure on businesses as they try to navigate another wave of U.S. in

Form 13D/A Western Asset Inflation-Linked Income Fund For: 11 June
The European Central Bank also raised its inflation forecasts and cut its growth outlook.
The relief rally that lifted crypto off last week's lows is unwinding alongside tech stocks and gold, with traders bracing for a US inflation print and a Warsh
Anthropic's IPO pipeline, not its new model, is what crypto traders should track.
Crypto markets are under pressure ahead of key U.S. inflation data due later Wednesday.
Your day-ahead look for June 10, 2026
Bitcoin was trading at $61,700 following the news, slightly down over the past 24 hours.
Consumers and U.S. workers are feeling the pinch of a wage growth rate that lags behind the rate of inflation.
Figure marks new three-year high
New data is putting investors on edge, especially over the prospect that the Federal Reserve may raise interest rates to blunt rising prices.
Consumers are increasingly feeling the strain of the US Israel war in Iran.
The Middle East conflict has given China's economy a reflationary boost as energy and raw material disruptions deepened.
The ECB is expected to raise rates by 25 basis points as higher energy prices drive inflation and raise concerns about broader price pressures.
Precious metals were firmly in negative territory, as fears about inflation and the Federal Reserve's interest rate path weighed on investor sentiment.