10 April, currency analyst Giuseppe Dellamotta stated that, considering market attention to US-Iran negotiations and the general perception that the March inflation data increase was caused by the war, the market is likely to ignore today's data as everything depends on the outcome of the US-Iran talks. There is a significant divergence in the forecasts of the overall CPI, while forecasts for the core CPI are more focused. The Federal Reserve currently maintains a firmly neutral stance but has opened the door for further policy tightening if inflation expectations begin to rise or if the war lasts longer than expected. The market expects a weakening of 7 basis points by the end of the year, indicating that no rate hikes or cuts are expected in 2026.