Highlights of the FOMC decision
- Markets had priced a 99% likelihood of a hike
- Says economic outlook has strengthened in recent months
- Inflation on a 12-month basis is expected to move up in coming months
- Job gains have been strong
- Growth rates of household spending and fixed investment have moderated
- Vote was unanimous
- Repeats that economic risks roughly balanced
- The full statement from the March 2018 FOMC meeting
- A comparison of the December dot plot and the new March dot plot
- How the FOMC economic forecasts changed
The line that the "economic outlook has strengthened in recent months" was added to the statement.
Here is the statement redline, via Zerohedge.
There isn't much to digest here but the line that was added is definitely significant.