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

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

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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.

Read: Fed holds rates steady as it notes rising uncertainty and stagflation risk

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