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According to Odaily, the Federal Reserve's decision shows that recent indicators suggest economic activity is expanding at a steady pace. Overall, employment growth has been relatively weak, and the unemployment rate has changed little in recent months. Inflation remains elevated, partly reflecting the recent global rise in energy prices. The Committee is committed to achieving maximum employment in the long run and maintaining inflation at the 2% level. The evolving situation in the Middle East is increasing uncertainty over the economic outlook. The Committee is closely monitoring the risks associated with both aspects of its dual mandate. To support these goals, the Committee has decided to keep the target range for the federal funds rate at 3.5%-3.75%. When considering the extent and timing of further adjustments to this target range, the Committee will carefully assess the latest data, changes in the outlook, and the balance of risks. The Committee is firmly committed to supporting maximum employment and returning the inflation rate to its 2% target. In assessing the appropriate stance of monetary policy, the Committee will continue to monitor incoming information about the implications for the economic outlook. Should risks arise that could impede the Committee’s objectives, the Committee is prepared to adjust the stance of monetary policy as necessary. Its assessment will take into account a wide range of information, including labor market conditions, inflation pressures and inflation expectations, as well as financial and international developments.

Golden Ten Data reported on April 30 that the statement recorded four dissenting votes, the highest number since October 1992. The statement indicated that developments in the Middle East have increased uncertainty about the economic outlook and described inflation as "elevated," whereas previous statements referred to it as "slightly elevated."

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