James Bianco, Bianco Research said, “I was a little disappointed by the wording. I was expecting something a little more definitive about raising interest rates. My fear is, we talk about oil speculation - these speculators in oil are being inspired by an East Fed and if the Fed wants to stay easy, if the Fed wants to find reasons to stall off the eventual raise in rates, we're going to continue to see oil go higher. When they cut 25bps in January price of crude oil was USD85 per barrel, USD50 higher now - we risk the price going a lot higher unless they do something to curb these inflation expectations.”

According to John Kattar of Eastern Investment Advisors, Fed decision of not hiking the rates was right, given the continuing weakness in the banking sector. He feels that fed’s decision get frequently reversed. He has a positive outlook on stocks. He said that it is hard to see how they could have moved on interest rates given the weakness in the economy. At the same time, he feels that they stepped up their rhetoric on inflation front, reaffirming their credentials, paving the way for rated down the road. He feels that inflation is the biggest problem, and they will ultimately raise rates, if not now.

Harvey Pitt, Former SEC (United States Securities and Exchange Commission) Chairman said, "When you have bad economic times it prompts people to make bad decisions, and that can lead to violations of law. So, there may be an increase in the amount of misconduct that's going on because of the economic conditions."