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DJT sparked immediate reactions by telling reporters, "I love the #inflation" after the BLS released data showing the annual inflation rate hit a three-year high of 4.2% in May. He called the numbers "great" and predicted inflation will drop "like a rock" once the conflict with Iran is resolved.
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Inflation can be a difficult beast to tame once it has been unleashed. And the affordability discourse is only going to get louder now.
reason.com
Inflation reaches 4.2 percent as prices outpace paychecks
Kimberly DeFalco