This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in June.
Text removed from the June 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.
Follow along with Federal Reserve Chair Jerome Powell’s press conference here.
Key Points Kevin Warsh, President Donald Trump’s pick as the next Fed chair, is a central bank veteran, serving during the critical period of 2006 to 2011 that led up to and ultimately through the global financial crisis and the central bank’s efforts to stabilize the economy. Trump cited Warsh’s extensive background in announcing his […]
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Check out the companies making the biggest moves premarket: Apple — Shares fell 0.6% even after 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 […]
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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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