On April 10, currency analyst Giuseppe Dellamotta stated that, given the market's focus on 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 for the overall CPI, while forecasts for the core CPI are more focused. The Federal Reserve is currently in a firmly neutral stance but has opened the door for further tightening if inflation expectations begin to rise or if the war lasts longer than expected. The market anticipates a weakening of 7 basis points by the end of the year, indicating that no rate hikes or cuts are expected in 2026.