Trump Says “I Love Inflation”

June 11, 2026 9:34 am

WASHINGTON (AP) — President Donald Trump has a surprising take on a new report that shows inflation spiking to its highest level in three years. Trump told reporters in the Oval Office on Wednesday that “I love the inflation.” Ahead of the November midterm elections, voters have ranked the economy as a top concern — and have given Trump low marks on that issue. The problem has intensified as the Iran war has pushed oil prices higher. Within minutes of his on-camera comment, Democrats quickly rushed to promote it on social media. On Capitol Hill, Representative Emilia Sykes — a Democrat from Ohio — asked Energy Secretary Chris Wright if he, too, loved inflation. Wright said he’d prefer lower inflation, but praised Trump’s work on curbing Iran’s nuclear ambitions.