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ING Netherlands: U.S. inflation data may support the dollar's trend
Mars Finance News, according to Jintiao reports, Netherlands International Group analyst Francesco Pesole stated that if U.S. CPI data shows a significant acceleration in March inflation driven by energy price increases caused by the Iran war, the dollar could gain support. Although the Middle East situation remains the main driving factor, the threshold for the dollar to further decline today should be higher. He also pointed out that in the coming months, the Federal Reserve needs to watch whether core inflation will experience a second-round effect, meaning that companies pass on higher costs through prices and wages.