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'I Love the Inflation': Trump's Bizarre Inflation Boast Backfires as Fed Blames AI Boom

Inflation
International Business Times Fews App News Provider
Fews App Post Time há 6h

US President Donald Trump wears a "Trump 2028" hat while he speaks during the 2026 White House Correspondents' Association (WHCA) Dinner at the Waldorf Astoria in Washington, DC, on July 24. Mandel NGAN / AFP via Getty Images President Donald Trump's June declaration that he 'love[d] the inflation' has drawn renewed attention after fresh reporting and Federal Reserve commentary pointed to an AI investment boom that some economists say is contributing to inflationary pressures in the US. The latest reports have renewed discussion about whether current inflation pressures are temporary or likely to persist, as policymakers continue assessing the impact of tariffs, energy costs and rapid investment in artificial intelligence infrastructure.

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