Trump calls 4% inflation data ‘great’, expects drop after Iran war ends

Donald Trump has labeled 4% inflation data as great, expressing expectations that rates will drop once the Iran war ends. These statements, including his claim that he loves inflation, have sparked criticism from Democrats. Opponents argue that Trump is disconnected from the financial struggles of everyday Americans who face rising living costs. Meanwhile, persistent inflation and geopolitical tensions continue to potentially hinder economic growth, complicate monetary policy, and impact various global investment strategies.