The US FED made the expected statement yesterday on the need to keep the US economy humming, but it sounds more like a rhetoric rather than reality. The US FED has no scope for cutting down interest rates to prop up the economy as the rates are already near zero.
The US FED has a already bloated balance sheet and it cannot afford the risk of making global investors / debtors for the US wary, by bloating it further. There could rather be a cut in further investments into the US treasuries by Japan / Germany / China, which together provide over 70% of the monthly debt needs of US.
That in turn could force the US FED to start raising the rates, which in turn could be bad for the US economy.