BlockBeats News, March 21st – HSBC Bank stated that the Federal Reserve once again kept the policy rate unchanged at 3.50%-3.75% during its March meeting and hinted at an “on-hold” stance. Ongoing inflation and escalating geopolitical risks have brought uncertainty to the Federal Reserve.
HSBC Bank maintained its previous view that the Federal Reserve will keep interest rates unchanged in 2026 and 2027. Inflation risks have increased, particularly due to surging energy prices, while labor market risks have slightly decreased. Energy price fluctuations and geopolitical risks are expected to continue to support safe-haven demand and a stronger US dollar. (FXStreet)
