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Here’s what’s changed in the new statement

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Here's what's changed in the new statement

U.S. Federal Reserve Chairman Jerome Powell holds a press conference following a two-day Federal Open Market Committee meeting on interest rate policy in Washington, DC, on March 20, 2024.

Elisabeth Frantz | Reuters

This is a comparison of Wednesday’s Federal Open Market Committee statement with the Fed’s statement after the Fed’s previous policy meeting in March.

The text removed from the March statement is red with a horizontal line through the center.

The text that appears for the first time in the new statement is red and underlined.

Black text appears in both statements.