This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in December.
Text removed from the December 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 here for Federal Reserve Chair Jerome Powell’s press conference.
Check out the companies making headlines before the bell. Eli Lilly — The pharmaceutical stock dropped more than 7% despite posting a second-quarter earnings and revenue beat . The company also raised guidance for both its full-year earnings and revenue. Meantime, Eli Lilly reported that the highest dose of an experimental daily pill helped patients […]
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Check out the companies making headlines in after-hours trading. Duolingo — The maker of the language learning app surged about 14%. Duolingo said that it sees third-quarter revenues in the range of $257 million to $261 million, while the LSEG consensus called for $253 million. The company also beat estimates on the top and bottom […]
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Key Points With the open seat on the influential Federal Reserve Board of Governors, President Donald Trump now has a number of strategic options at the central bank. Will Trump use the position to nominate a gadfly to torment Chair Jerome Powell or pursue a different strategy focused more on the long-term direction of the […]
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