🎈Update--Cable FX Macro U.S. Inflation Surprise Index

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• The blend of inflation surprise indexes tracked by Cable FX Macro ticked higher to 81.2 in June from previous 68.8. The index had seen signs of stabilization during May and April. However, the inflation surprise index is not near the highs seen early in the year. The June figure was mostly supported by the surprise in headline Y/y, the Core PCE Price Index is still due.