The latest Federal Open Market Committee (FOMC) dropped patient word out of the forward guidance related to the so-much awaited rate-hike. As market expected this drop, no strong reaction can be seen on the US currency. Moreover, Fed is interested in being 'reasonably confident' on inflation progress due to rate-hike.
Except for these hawkish moves, we can see economy mentioned as 'moderated somewhat,' and job market enhancement as expected. Economy growth is expected to be in range of 2.3%-2.7% in 2015 (December saw outlook of 2.6%-3% range). Dollar showed only slight correction right after the release.
