Bank of America Global Research maintains its outlook for the Fed policy trajectory without any change for now.

"At present, we have not altered our outlook for monetary policy:

25bp rate hike in March. We continue to expect the Fed to raise its policy rate by 25bp at its meeting on March 21-22," BofA notes. 

"Our outlook for the terminal rate remains unchanged at 5.25-5.50%.

No change in balance sheet policy," BofA adds.