As expected, yesterday the Fed left the rates unchanged, at 0.25% -0.5%, for the sixth consecutive time.
The last time the interest rates was raised was in December 2015.
The Fed statement said that recent macro data were mixed: “On one hand, there was a slow improvement in the labor market, on the other hand there was a growth in economic activity which gained momentum.”
The Fed lowered its forecast for US economic growth to 2% in 2016 from 2.2% in the previous forecast.
In addition, according to the Fed announcement, most of the Fed members still consider it necessary to raise the interest rates twice more by the end of the year.
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