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Here's what changed in the new Fed statement

This is a comparison of Wednesday's FOMC statement with the one issued after the Fed's previous policy-making meeting on Nov. 2.

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

Janet Yellen chair of the U.S. Federal Reserve
Mark Wilson | Getty Images
Janet Yellen chair of the U.S. Federal Reserve

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

Black text appears in both statements.