Huatai Securities March FOMC Outlook: Middle East situation has no immediate impact on Fed guidance.

Huatai Securities pointed out that the Federal Reserve will announce its decision on the March interest rate meeting in the early hours of March 19 Beijing time. The recent conflict in the Middle East has led to a significant increase in oil prices, and the market is paying attention to whether the Federal Reserve will shift towards a hawkish stance due to potential inflation risks. Huatai Securities believes that the Federal Reserve will keep interest rates unchanged at the March meeting, lower growth forecasts, raise inflation forecasts, but maintain the unchanged rate cut signaling in the dot plot; pay attention to Powell's remarks on the impact of the situation in the Middle East and his statement on whether to stay on as a board member.