Business

Here's What Changed in the New Fed Statement

Olivier Douliery | AFP | Getty Images

Jerome Powell after speaking at a press conference in June, 2022.

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting on July 27.

Text removed from the July statement is in red with a horizontal line through the middle.

Text appearing for the first time in the new statement is in red and underlined.

Black text appears in both statements.

Watch Fed Chair Jerome Powell's press conference here.

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