Global risks disappear

The central bank has been less focus on the global financial risks for the US economy.

The slowdown in China's economy and the drop in oil prices weighed on the last Fed decision, but it was equally important at this time.

Its latest update omitted a line "global economic and financial developments continued to pose a threat", which was included in a statement in March.

"Inaction on the global prevention of risks leaves the door open to raise interest rates in June, but if the Fed goes through will depend on what happens in the financial markets over the next six weeks," said Paul Ashworth of Capital Economics.

Janet YellenImage copyrightGetty Images


In a statement, the Fed said low oil prices and poor export at the beginning of the year contributed to the weak inflation.

In addition, while the housing sector continues to strengthen, the Fed said, business investment and exports remain "soft".

Federal Reserve Chairman Janet Yellen constantly calls for the gradual adjustment of interest rates.

But she always believed that the Fed should consider new information as it becomes available, and stressed that the Fed could raise rates at any of its future meetings.

Most economists expect only two rate hikes in 2016. The next chance of the bank will raise rates when it meets in June.

Esther George, president of the Kansas City Fed, voted against the decision to keep rates unchanged.

Ms. George said in February that the interest rates should rise, because the US economy was in the "general good position," despite the significant fluctuations in the equity markets.