[Analyst: CPI Data May Be 'Ignored,' US-Iran Negotiations Become the Sole Variable] Odaily Planet Daily News - Foreign exchange analyst Giuseppe Dellamotta stated that given the market's focus on US-Iran negotiations and the widespread belief that the rise in March inflation data was caused by the war, the market is likely to overlook today's data, as everything hinges on the outcome of the US-Iran talks. We can see significant divergence in overall CPI forecasts, but predictions for core CPI are relatively concentrated. The Federal Reserve is currently maintaining a firmly neutral stance but has left the door open for further tightening if inflation expectations begin to rise or if the war lasts longer than anticipated. The market expects 7 basis points of easing by the end of the year, which implies no rate hikes or cuts are expected in 2026. (Jin10)