The Fed statement was relatively upbeat and optimistic about the US economy, blaming the Q1 weakness on the weather and leaving the hands of the Fed fully free to act – there is no more forward guidance of any sort.

Looking a bit closer into the statement, we can find a hint about why the Fed leans to the hawkish side, and perhaps a hint about the upcoming economic release:

Read the rest of the article Does the Fed see the US consumer going on a shopping spree?