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Business

US Inflation Hits 3-Year High on Energy Surge

US inflation climbed to a three-year high of 4.2% as energy prices surged amid the Iran conflict. Trump's response: 'I love the inflation.'

Business

Trump Says 'I Love the Inflation' as CPI Hits 4.2%

US inflation hit a three-year high of 4.2% on surging oil prices. Trump shrugged it off. The political and Fed fallout could be steep.