This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in January.
Text removed from the January 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.
Watch Federal Reserve Chair Jerome Powell’s press conference here.
Key Points At least five world leaders have visited Beijing in January alone. The high-level visits come as countries navigate tense U.S. relations. Business executives are also using the opportunity for China deals. Source
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Check out the companies making headlines in after-hours trading. Apple — Shares rose less than 1% after the company posted blowout fiscal first-quarter results, with notably strong revenue from its iPhone 17 models released in September. Apple earned $2.84 per share for the quarter, higher than the $2.67 per share expected by analysts surveyed by […]
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Check out the companies making the biggest moves in premarket trading: ServiceNow — The software stock tumbled 11% despite the company’s better-than-expected fourth-quarter results. Morgan Stanley said ServiceNow’s report was “Good, but not good enough” to convince skeptical investors that the company’s business would continue to see robust growth in the face of competition from […]
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