Shanghai aluminum afternoon review on March 18

Overnight, the main force of Shanghai aluminum 2204 reported 22480 up 370, LME aluminum closed at 3383 up 117.
5; macro aspect, the United States raised interest rates by 25 basis points as scheduled, and the Fed released a dot plot showing that the benchmark interest rate will be around 1.
9% by the end of 2022, in line with traders' expectations, but higher than the Fed's previous expectations
.
Liu He presided over the meeting of the Financial Committee of the State Council to study the current situation, which called for coordinating epidemic prevention and control and economic and social development, maintaining economic operation in a reasonable range, maintaining the stable operation of the capital market, and stabilizing
the domestic stock market sentiment.
The US House of Representatives passed a bill to terminate normal trade relations
with Russia and Belarus.