---
title: "🚨 BREAKING NEWS: US CPI for June just came in at -0.1% MoM below expectations of 0.1% MoM"
description: "US CPI for June just came in at +3% YoY below expectations of +3.4% YoY\nCore CPI inflation fell to 3.3%, below expectations of 3.4%.\nThis marks the 39th consecutive month with inflation at or above 3%. It's also the 3rd straight month with declining CPI inflation.\nLooks like a September rate cut is coming. \nSource: Jesse Cohen"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [🚨 BREAKING NEWS: US CPI for June just came in at -0.1% MoM below expectations of 0.1% MoM](https://blog.syzgroup.com/syz-the-moment/breaking-the-odds-of-president-biden-winning-the-2024-democratic-nomination-are-down-by-24-in-2-hours-0-0-0-0-0-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-1719-448fa146)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Jul 11, 2024, 12:45:58 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/breaking-the-odds-of-president-biden-winning-the-2024-democratic-nomination-are-down-by-24-in-2-hours-0-0-0-0-0-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-1719-448fa146)

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