Trump Says ‘I Love The Inflation’ After It Reaches 3-Year High

BreakingBusinessTrump Says ‘I Love The Inflation’ After It Reaches 3-Year HighBySara Dorn,Forbes Staff. Sara Dorn is a Forbes news reporter who covers politics.Follow AuthorJun 10, 2026, 12:49pm EDTToplinePresident Donald Trump said “I love inflation” after it rose to a three-year high earlier Wednesday amid the Iran war and surging gas prices—his latest dismissal of Americans’ economic concerns.President Donald Trump speaks during a signing ceremony for the "Secure America Act" in the Oval Office of the White House in Washington, DC, on June 10, 2026. (Photo by Ken Cedeno / AFP via Getty Images)AFP via Getty ImagesKey FactsWhen asked if he was concerned about the rise in consumer prices, Trump said, “no, I love it. I love the inflation,” insisting it will fall “like a rock” once the Iran war is over. The comments are reminiscent of Trump’s remarks last month that he’s not thinking about Americans’ finances “even a little bit” when making decisions about the Iran war. Inflation was 4.2% in May from the same month last year, marking the steepest increase in prices since May 2023.This is a developing story and will be updated.Got a tip? Share confidential information with Forbes.Editorial StandardsReprints & PermissionsLOADING VIDEO PLAYER...FORBES’ FEATURED Video