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CNBC Daily Open: Trump expresses 'love' for inflation print and anger at Iran CNBCTrump says 'I love the inflation' after consumer price index hits 3-year high CNBC'I love the inflation,' Trump says as prices rise amid Iran war Reuters'The die has been cast': Trump allies fear it's too late to reverse economic woes Politico
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Companies appear hesitant to pass those price increases on to weary consumers, whose wages aren't keeping up.
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Americans are paying more particularly for produce and baked goods, among others, driven by the Iran war, tariffs and drought.
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Inflation hit 4 percent for the first time in three years in May, driven by surging gas prices from the Iran war.
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