**As seen in U.S. Inflation Dashboard, subscribe at cablefxm.co.uk/reports
The median estimate for U.S. December consumer prices was 3.2%, forecasts ranged from 3.1% to 3.6%. The consensus was topped as the headline printed at 3.4%, this was faster than the prior month’s 3.1%+
For December, we have seen a positive contribution to the Cable FX Macro U.S. Inflation Surprise Index from the CPI release, we’re yet to receive the core PCE. However, our inflation surprise tracker is now positive for the first time since May
You can access the Cable FX Macro U.S. Inflation Surprise Index tracker historical data and contributions in the U.S. Inflation Dashboard
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