Though projections for expansion of growth have been increased for this year and the next, Fed officials anticipate the same to slow down thereafter, as impact of recent tax cuts and government spending will subside. Following a two-day meeting in Washington, the FOMC said in its statement, growth and job gains have been "strong" and inflation remains near the central bank's 2% target. Notably, following the announcement, among other Wall Street biggies, shares of PNC Financial, Wells Fargo, Citigroup and BofA, all Zacks #3 (Hold) Ranked players, slipped 1.61%, 1.97%, 1.44% and 1.76%, respectively.