Here’s what changed in the new Fed statement

by Raphael Stevens 12 June 2024, 20:43 119 Views

This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting that concluded May 1.

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

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

Black text appears in both statements.

Source: Finance - cnbc.com

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Here’s what changed in the new Fed statement

Fed officials signal just one rate cut before end of 2024

The Fed Holds Rates Steady and Predicts Just One Reduction This Year

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