[Institution: Oil price shock may push up Federal Reserve inflation forecast, Powell will emphasize wait-and-see approach] According to BlockBeats, on March 13th, Bank of America stated that the Federal Reserve will have to deal with another supply shock - a surge in oil prices. In the economic forecast summary (SEP) released before the March Federal Reserve meeting, overall and core inflation forecasts may be raised. The Bank of America report states, "If long-term growth expectations are also raised, we expect the median long-term interest rate chart to slightly shift upwards." In this case, the bank believes that Federal Reserve Chairman Powell may acknowledge the risk of stagflation while emphasizing a wait-and-see attitude. (Golden Ten)