Deep Tide TechFlow News, March 19th, CITIC Securities pointed out that the Federal Reserve maintained its policy interest rate unchanged at the March 2026 policy meeting, in line with market expectations. This dot plot shows that this year's target interest rate midpoint is 3.4%, consistent with December 2025, while raising this year's inflation forecast, slightly raising economic growth forecast, and maintaining unemployment rate forecast unchanged. Powell as expected made no judgment on Iran situation and oil prices, with notably weakened confidence in tariff inflation decline compared to January. It is expected that the Fed will not cut rates in April, and after Waller takes office as chairman, the base case scenario calls for 1 rate cut of 25bps in the second half of the year. (Golden Ten)