Bank of America: Amid rising uncertainty, the Federal Reserve is expected to keep interest rates stable.

On March 19, Jinshi Data reported that the Federal Reserve is expected to maintain its current policy stance at the March FOMC meeting. Analysts at Bank of America Securities predict that in the context of rising economic uncertainty, the Federal Reserve will adopt a cautious and prudent policy. The Fed may prioritize "patience over panic" while assessing the balance between slowing economic growth and ongoing inflationary pressures, all while keeping interest rates stable. Bank of America analysts expect the Fed's latest economic forecast to reflect stagflation factors, with growth projections weakening and inflation expectations adjusted upwards. Although the market has speculated on the timing of a possible rate cut, policymakers may reiterate a data-driven approach, emphasizing the need for further clarity on the economic outlook before making any policy shifts. Investors will closely monitor Fed Chair Powell's remarks to understand how the Fed views the evolving risks, including supply chain disruptions, labor market resilience, and geopolitical uncertainties.