Macroeconomic Outlook for Next Week: Seven Central Banks to "Bombard" the Market, Nvidia GTC 2026 Conference to be Held

According to Mars Finance, on March 15th, the conflict between the US, Iran, and Israel entered its third week, and the ongoing turmoil in the energy commodities market is evolving into a major problem. In short, higher oil prices mean rising inflation, which in turn weakens corporate profitability, ultimately leading to a grueling market battle. Next week, seven major central banks will announce their interest rate decisions, and the market will navigate through significant uncertainty. The market's primary focus is on the Federal Reserve: at 02:00 on Thursday, the FOMC will release its interest rate decision and Summary of Economic Projections; at 02:30 on Thursday, Fed Chairman Powell will hold a monetary policy press conference. The market widely expects Fed policymakers to maintain interest rates at next week's meeting. Recent macroeconomic developments have completely altered the Fed's interest rate outlook. Thursday's meeting will be Powell's penultimate meeting, so a balanced and cautious tone is expected to dominate. Even so, all eyes will be on the Summary of Economic Projections (SEP) and the dot plot, as expectations for two rate cuts have diminished following the current surge in oil prices. In addition, the Reserve Bank of Australia will announce its interest rate decision at 11:30 AM on Tuesday; the Bank of Canada at 9:45 PM on Wednesday; the Bank of Japan's interest rate decision is pending on Thursday; the Swiss National Bank's interest rate decision is at 4:30 PM on Thursday; the Bank of England's interest rate decision and meeting minutes are at 8:00 PM on Thursday; and the European Central Bank's interest rate decision is at 9:15 PM on Thursday. These interest rate decisions from major global economies will also have unpredictable impacts on market capital flows. Key economic data to be released next week includes: Monday 21:15, US February Industrial Production (MoM); Wednesday 04:30, US API Crude Oil Inventories for the week ending March 13; Wednesday 20:30, US February PPI (YoY) and US February PPI (MoM); Thursday 20:30, US Initial Jobless Claims for the week ending March 14 and US March Philadelphia Fed Manufacturing Index. A flurry of US and European economic data will be released, with the US February Producer Price Index (PPI), the Eurozone February Consumer Price Index (CPI) final reading, the US initial jobless claims for the week ending March 14, and the March Philadelphia Fed Manufacturing Index attracting significant market attention. These indicators will further reveal the inflation transmission path, labor market resilience, and the strength of the manufacturing recovery, significantly impacting policy expectations for the Federal Reserve and the European Central Bank, as well as global asset pricing. Finally, NVIDIA GTC 2026 will be held from March 16 to 19 in San Jose, California: this is the most anticipated annual event in the AI field. The focus of the conference is on Jensen Huang's opening keynote, which is expected to cover updates across the entire AI stack, including chips, software, models, and applications. The themes will revolve around Physical AI, Agentic AI, AI Factories, Inference, and accelerated computing. The market is highly anticipating Huang's teasing of a "world-shaking new chip," which may involve a new architecture optimized for inference and agentic AI, such as a potential LPU (Language Processing Unit) or a Groq-style low-power inference chip, aiming to address bottlenecks in token cost, ROI, and energy efficiency.