The Committee anticipates that it will be appropriate to raise the target range for the federal funds rate when it has seen some further improvement in the labor market and is reasonably confident that inflation will move back to its 2 percent objective over the medium term.
After the release USD fell against its major rivals Euro is currently being traded few points above 1.1370 level, Sterling is around 1.5570 area, while Aussie is slightly above 0.72 handle. Later today, Fed will held Press Conference that will bring more volatility to the markets.
