---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39459379.md"
description: "In a research report released on March 20, Bank of America Merrill Lynch's US economist Aditya Bhave pointed out that the Federal Reserve needs to meet at least three conditions simultaneously to raise interest rates: a stable labor market (unemployment rate below 4.5%), further increases in core inflation (core PCE exceeding 3.2%), and Powell remaining as Chairman."
datetime: "2026-03-23T14:52:47.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39459379.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39459379.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39459379.md)
author: "[新用戶_dLcvRX](https://longbridge.com/en/profiles/22978229.md)"
---

# In a research report released on March 20, Bank of…


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