There was also disappointment over lack of further comment on the Fed unwinding its $US4.6 trillion balance sheet.
ANZ is expecting three hikes in 2017 and three hikes in 2018 but we do see the potential for the Fed to go a little bit more quickly.
Firstly, we see fiscal policy under a US President Donald Trump administration could be expansionary. Secondly, the Fed is already pretty much close to its dual mandate of full employment and price stability.
Watch the video above to find out more.
Tom Kenny is ANZ senior international economist