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Here’s what changed in the new Fed statement

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This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting on Dec. 15.

Text removed from the December 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.

Fed holds rates at near zero, tees up interest rate increase to quell inflation

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