The Federal Reserve isn't budging for now.
The Fed's committee unsurprisingly decided not to raise its key interest rate Wednesday. Fed Chair Janet Yellen foreshadowed the decision in a speech in March, noting that the central bank would move "cautiously" in 2016.
Investors were on edge before the announcement about what hints the Fed would give about its meeting in June. The committee didn't change its tone by much but dropped hints on its worries and what's holding it back.
"Economic activity appears to have slowed," despite job market gains, the Fed said in its statement. It also noted that household spending had "moderated.