Federal Reserve

Here's what changed in the new Fed statement

Federal Reserve raises interest rates by 0.25%
VIDEO3:0703:07
Federal Reserve raises interest rates by 0.25%

This is a comparison of Wednesday's FOMC statement with the one issued after the Fed's previous policy-making meeting on May 3.

Text removed from the May 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.