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Trump Just Floored Biden With -0.4% CPI as 67 Bloomberg Economists All Blew It Live On Air


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Sixty-seven economists missed it, and June CPI just exposed the entire inflation narrative.

June CPI dropped 0.4% in a single month, delivering the biggest monthly decline since April 2020 and leaving the media economist class stunned. Even more damaging to the Biden-era inflation talking points, core inflation came in at 2.6%, undercutting months of elite commentary claiming Donald Trump could not bring prices under control. Bloomberg surveyed 67 economists ahead of the report, and all 67 got it wrong. Not some of them. Every single one. That miss is more than a bad forecast. It is a public collapse of the same expert class that spent years downplaying the pain Americans felt under Joe Biden and Kamala Harris.

For working families, inflation was never just a chart on CNBC or a polished segment on Bloomberg. It was the grocery bill that kept rising, the gas tank that cost too much to fill, the rent payment that ate half a paycheck, and the utility bill that forced hard choices at the kitchen table. Americans lived through the Biden inflation crisis in real time, including that brutal 9.1% inflation peak that defined the worst affordability squeeze in decades. While families struggled, Democratic politicians, media surrogates, and establishment economists kept insisting the public should be patient, trust the process, and ignore what was happening in their own wallets.

Now the numbers are moving in the opposite direction, and the same people who failed to warn the country on the way up are failing again on the way down. That is why Kevin Hassett’s reaction hit so hard. When he pointed out that Bloomberg’s 67 surveyed economists all missed the June CPI result, he did more than mock a bad call. He exposed a system of groupthink inside the financial and political establishment. These are the same voices that attacked Trump’s economic message, defended Bidenomics, and treated ordinary Americans like they were too unsophisticated to understand inflation. But voters did understand it, because they were the ones paying for it every day.

President Trump has argued that America inherited an inflation disaster from the Biden administration, and this CPI report strengthens that case. A 0.4% monthly drop in consumer prices and core inflation at 2.6% give the Trump White House a powerful rebuttal to the old media script. Republican voices like Tim Scott are now saying Americans can finally breathe a sigh of relief, and even networks that spent years amplifying anti-Trump narratives are being forced to acknowledge the cooling trend. That matters because inflation is political as much as economic. It reveals whether leadership is serious about protecting the dollar, defending purchasing power, and putting American households ahead of Washington excuses.

This video breaks down the June CPI report, Kevin Hassett’s brutal takedown of the economist class, the legacy of Biden inflation, and why this moment is so damaging for the Democrat media machine. It also asks the question many Americans are already asking: if these so-called experts were wrong about inflation under Joe Biden and wrong again under Donald Trump, why were they ever treated like prophets in the first place? Watch closely, because the reactions from CNBC, Bloomberg, the Federal Reserve orbit, and Biden apologists tell you everything about who was selling panic, who was protecting power, and who is getting exposed now.

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