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Here’s what changed in the new Fed statement

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

Text removed from the June 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.

Follow along with Federal Reserve Chair Jerome Powell’s press conference here.

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Source: Finance - cnbc.com

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Fed holds rates steady and notes progress on inflation