Federal Reserve

Here's what changed in the new Fed statement

Fed raises rates and inflation forecasts
VIDEO3:2003:20
Fed raises rates and inflation forecasts

This is a comparison of Wednesday's FOMC statement with the one issued after the Fed's previous policymaking meeting on May 2.

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.