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Federal Reserve Chair Janet Yellen discusses whether the committee has concern over global developments on deflation.
CNBC's Bob Pisani dissects the move higher in the S&P 500 after the FOMC statement. The Fed said the effects of lower oil prices are transitory in nature.
CNBC's Steve Liesman reports the Federal Reserve has kept its key phrase of "considerable time" regarding keeping interest rates near zero, but only as a reference, not a policy. The committee continues to monitor inflation developments.