Bank of America: Oil Price Shock May Push Up Federal Reserve Inflation Forecasts; Jerome Powells Will Adopt a Wait-and-See Approach
Svmuu News: Bank of America stated that the Federal Reserve will have to contend with another round of supply shocks—soaring oil prices. In the Summary of Economic Projections (SEP) released ahead of the March Federal Reserve meeting, forecasts for overall and core inflation are likely to be revised upward.Bank of America reported: “If long-term growth expectations are also raised, we expect the median long-term interest rate in the dot plot to shift slightly higher.” In this scenario, the bank believes Federal Reserve Chair Jerome Powell may acknowledge the risk of stagflation while emphasizing a wait-and-see approach. (Jinshi)
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
SK hynix in talks with Intel over potential US memory production agreement
-
2
Fetch.ai (FET) Token Analysis: Project Status and Investment Considerations
-
3
XLM Price Analysis: Stellar Lumens' Positioning, Progress, and Market Outlook
-
4
Bybit to adjust risk limits and leverage for selected perpetual contracts including 1000XECUSDT and BLASTUSDT, effective Sep 18, 2026
-
5
Zhipu AI's CoWork business in China is progressing rapidly, with industry orders exceeding 1 billion yuan within one month of GLM-5.3's release.
-
6
Anthropic, after calling for an AI slowdown, has signed its first data center lease in Australia, planning a total capacity of 2.16 GW.
-
7
MCG Coin Analysis: The Current Status and Prospects of MetalCore, Microcap Gem, and MicroChains Gov Token
-
8
Nikkei: Japan's MUFG Bank to Introduce Guidelines for Financing Defense Industry
-
9
Turkish Stocks Fall More Than 5% Amid Deepening Fund Redemption Woes
-
10
Markets are cautiously optimistic ahead of the Federal Reserve's decision, with U.S. Treasuries slightly stronger, crude oil gains narrowing, and equity index futures holding steady.
Markets Today
Recommended Reading





