The Fed decided to leave interest rates unchanged at the two-day meeting ended May 1st, as uncertainties affecting the U.S. and global economic outlooks had receded but inflation pressures remained muted. The minutes showed members agreed future interest rate adjustments would be based on realized and expected economic conditions relative to the Fed's maximum-employment and symmetric 2 percent inflation objectives. The central bank is scheduled to hold its next monetary policy meeting on June 18th and 19th, with CME Group's FedWatch tool currently indicating a 95 percent chance the Fed will leave rates unchanged.