In order to study the effect of the fluid-structure interaction (FSI) on the simulation results, the external characteristics and internal flow features of a diffuser pump were analyzed with a two-way flow solid coupling method. And the static and dynamic structure analysis of the blade was also caculated with the FEA method. The steady flow field is based on Reynolds Averaged N-S equations with standard $k-{varepsilon}$ turbulent model, the unsteady flow field is based on the large eddy simulation, and the structure response is based on elastic transient structural dynamic equation. The results showed that the effect of FSI on the head prediction based on CFD really exists. At the same radius, the van mises stress on the nodes closed shroud and hub was larger than other nodes. A large deformation region existed near inlet side at the middle of blades. The strength of impeller satisfied the strength requirement with static stress analysis based on the fourth strength theory. The dynamic stress varied periodically with the impeller rotating. It was also found that the fundamental frequency of the dynamic stress is the rotating frequency and its harmonic frequency. The frequency of maximum stress amplitude at node 1626 was 7 times of the rotating frequency. The frequency of maximum stress amplitude at node 2328 was 14 times of the rotating frequency. No matter strength failure or fatigue failure, the root of blades near shroud is the key region to analyse.