The Federal Reserve's meeting statement included no rate change (as it is already at zero), and the meeting statement was literally unchanged except for the following:
Following a moderation in the pace of the recovery, indicators of economic activity and employment have turned up recently, although the sectors most adversely affected by the pandemic remain weak. Inflation continues to run below 2 percent.
Analyst Opinion of the FOMC Meeting Minutes
Outside the minutes:
The economic projections of the FOMC members starts after the meeting minutes.
In light of the sustained smooth functioning of markets for agency commercial mortgage-backed securities (agency CMBS), the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York will no longer conduct regular operations to purchase agency CMBS at the conclusion of the current schedule. The agency CMBS purchase operation currently scheduled for March 23, 2021 is expected to be the last regularly-scheduled purchase operation. Details of this operation are available on the Agency CMBS Operation Schedule page, last updated on March 12, 2021.