[Fitch: If Oil Price Shock is Temporary, Fed May Cut Rates in June] Jin10 News, March 19 – Brian Coulton of Fitch Ratings stated that if the oil price surge triggered by the Middle East conflict proves to be temporary, 'a Fed rate cut in June is a realistic possibility.' The Federal Reserve kept interest rates unchanged today as expected, while indicating that more time is needed to assess the impact of the conflict on inflation. Officials slightly raised their inflation forecasts. Coulton said, 'This may partly reflect the recent spike in oil prices, as well as some stickiness in the latest core PCE data.' In his view, the Fed may still hold steady in April. If there are no signs of persistently stubborn inflation, a weakening labor market 'will reignite concerns about the risk of rising unemployment,' potentially driving a rate cut in June.