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00:04The U.S. Bureau of Labor Statistics released inflation figures reflecting the cost of living on Wednesday.
00:08Data shows
00:09Due to the impact of each war driving up energy costs
00:13The U.S. Consumer Price Index (CPI) rose year-on-year in May.
00:174.2%
00:18Higher than 3.8% in April.
00:20It reached its highest level since May 2023.
00:25This inflation figure has been rising for three consecutive months.
00:29Costs from multiple areas including airfare, healthcare, entertainment, and communications.
00:33They all rose in tandem.
00:35The analysis suggests that the data, in addition to showing that Americans face higher [risks/challenges], also indicates that the data shows [a greater number of] [people/entities].
00:39Cost of living pressure
00:40This could also impact the Republican Party's chances in the November midterm elections.
00:45However, when a reporter asked Trump whether he had any comments on the newly released inflation figures...
00:49When data causes concern
00:51Trump responded with a surprising statement.
00:54I like inflation
00:55Trump's statement, "I love inflation," is relevant here.
00:58This immediately drew fierce criticism from the Democratic Party.
01:01U.S. Senate Democratic Leader Chuck Schumer posted on social media platform X
01:05criticize
01:05This suggests that Trump is indifferent to the economic hardship faced by American families.
01:10And it was described as a sign of contempt for Americans.
01:13However, Trump later changed his story and told the New York Times.
01:17His remarks were taken out of context by outsiders.
01:20Trump emphasized that his meaning was
01:22Despite the Iraq War
01:25However, US inflation was far below expectations.
01:30The war between the US and Iran has dragged on and on.
01:32Keeping international oil prices at a high level
01:34Exacerbating global inflationary pressures
01:36However, when faced with the latest US inflation data...
01:39US President Trump calmly stated
01:41The data is great.
01:43He even bluntly stated that he likes inflation.
01:45However, when discussing the impact of the war on the energy market...
01:58Trump makes another statement
01:59Insisting that as long as the war with Iran ends
02:02Oil prices and commodity prices will fall rapidly, like stones rolling downhill.
02:06When the war's over, it's coming down
02:09I know you can
02:10It's going to come like a rock
02:11we've been taking out millions of barrels of oil
02:15I millions of barrels of oil that's come out
02:18that's why it's at $85,$90 a barrel instead of $250
02:21when it's over you will see oil drop to where it was before
02:36Subtitle volunteer Yang Qianqian
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