**As seen in Online Tools > U.S. CPI Dashboard > Data Surprise, get access now! cablefxm.co.uk
Our latest calculation of U.S. inflation surprises turned negative after the spike seen in January. This follows February price metrics missing the survey median across the board.
As seen in the historical Cable FX Macro U.S. Inflation Surprise Index chart, we have been through periods of negative readings during the recent high inflation cycle. However, below 0 periods have come and go quickly before consumer prices surprise to the upside again
Keeping in mind the current geopolitical landscape, tariff threats, and the potential of an EU budget spending reignition, it is likely that this negative surprise episode is short-lived
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