**[Bank of America: Prolonged Oil Price Shock Could Pave the Way for Fed's Easing Policy]** BlockBeats News, March 10 — Bank of America stated in a report that the market currently views rising oil prices as a greater inflationary threat, but supply shocks actually pose risks to both aspects of the Federal Reserve's dual mandate. The report pointed out that monetary policy tends to tighten only when consumer demand is strong enough and economic activity can withstand supply shocks, allowing the Fed to focus on inflation as it did during the 2022 Russia-Ukraine conflict. However, the bank noted that at that time, economic demand was significantly stronger (with an unemployment rate of 4%, core PCE inflation exceeding 5%, nonfarm payrolls increasing by 500,000 per month, and consumers still holding substantial stimulus funds). Currently, job growth is slower, inflation remains moderately high, and fiscal stimulus is more limited. The bank believes that if the oil price shock persists, it could create conditions for the Federal Reserve to implement more accommodative monetary policies. (Jin10)