I mean, word for word identical to the March 21 statement (except the date). At that time changes in the Fed's wording created quite a bit of confusion - did they change their bias? Are they moving towards an ease? If you look at the March 21 statement you can make a case for keeping it unchanged. The wording is vague enough that it still applies now. Sure, they could note that employment growth has slowed but that would leave markets expecting an imminent rate cut. Also the easiest way for the Fed to create the least amount of controversy would be to leave it unchanged. Here is the March 21 statement. What, if anything, would you change?