"Another politically catastrophic economic indicator for Donald Trump"

Deadline: White House

Nicolle Wallace, MS NOW

Nicolle Wallace, Politics, Versant, News, Msnbc, Government, The White House, Ms Now, Daily News, Washington Dc

4.5 • 6.5K Ratings

🗓️ 10 June 2026

⏱️ 42 minutes

🔗️ Recording | Apple Podcasts | RSS

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Summary

Nicolle Wallace on the latest soaring inflation numbers out today believed to be largely due to the war with Iran.

Transcript

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0:00.0	Hi there, everyone. It's 4 o'clock in New York. Another day, another politically
0:10.7	catastrophic economic indicator for Donald J. Trump. The latest is the soaring inflation numbers
0:17.7	out today, believed to be largely due to the war with Iran. The New York Times
0:21.9	reports this, quote, the Consumer Price Index report rose 4.2% in May. That is up from a 2.4% annual
0:30.4	increase before the conflict in the Middle East started in February and is the fastest pace since
0:36.0	April of 2023.
0:43.9	It is alarming data for any president, let alone the one who campaigned on being the only one able to fix the economy.
0:46.2	Here's Donald Trump's effort to reassure the American people about those brand new numbers.
0:52.5	Are you can serve us, Mr. President, about the latest inflation number which came out this morning.
0:57.3	Could that be a...
0:57.8	No, I love it.
0:58.9	The numbers were great.
1:00.1	You know what I really love.
1:01.5	I love the inflation.
1:04.0	I love inflation.
1:05.6	The numbers were great.
1:06.7	Really?
1:07.4	That's your answer?
1:10.5	People in this country, people that voted for you, can't afford
1:14.2	to feed their families or fill up their gas tanks. And you quote, love those numbers.
1:20.1	Okay. Despite Donald Trump's best efforts to deflect or lie or spin the reality of inflation and high gas prices, which she also
1:31.8	described as, quote, not that bad in a different interview on Monday. It's a good thing.
	...

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