Deep Tide TechFlow News, March 19. CITIC Securities pointed out that the Federal Reserve kept policy rates unchanged at the March 2026 interest rate decision meeting, in line with market expectations. This dot plot shows this year's target rate midpoint at 3.4%, consistent with December 2025, while raising inflation forecasts for this year, slightly raising economic growth forecasts, and maintaining unemployment rate forecasts unchanged. Powell, as expected, made no judgment on the Iran situation and oil prices, and notably, his confidence in disinflation from tariffs has further weakened compared to January. It is expected that the Federal Reserve will not cut rates in April, and after Waller takes over as chairperson, the base case scenario for the second half of the year shows one rate cut of 25bps. (Golden Ten)