No, no, a thousand times no!
There was no reason for the Federal Reserve to alter the language in its official policy statement.
While patience is a virtue, and the market response has been positive, the Fed's view of inflation is being largely driven by a transitory drop in energy prices. The world is still at risk of deflation and weak economic growth.
I believe the central bank to the world, the Fed, should be taking into account the turbulence in global markets and the persistent weakness in the global economy before making any changes at all to its statement and outlook.