22:00 - 11.06.2026
June 11, Fineko/abc.az. US President Donald Trump has offered a highly unconventional take on the latest macro data, which shows US consumer inflation logging its fastest acceleration in three years, surpassing the 4% threshold.
According to ABC.AZ, when pressed by reporters on whether mounting price pressures could damage the Republican Party ahead of the November midterm elections, Trump responded bluntly: "I love inflation."
Key Highlights from Trump’s Briefing:
Clandestine Hormuz Operations: Addressing systemic supply fears, Trump disclosed that he personally approved a strategic plan to covertly guide oil tankers through the contested Strait of Hormuz. Rating the mission a success, he noted, "For me, it was worth it."
Aggressive Oil Softening Outlook: Looking past the active phase of the Iran conflict, Trump reiterated that global crude spikes would rapidly reverse. "When the war is over, you're going to see oil back down to its old levels," Trump asserted, adding that prices are bound to "drop like a rock."
