Federal Reserve

Here's what changed in the new Fed statement

Kovacevich: Market will react negatively if Fed doesn't hike rates in December
VIDEO5:2805:28
Kovacevich: Market will react negatively if Fed doesn't hike rates in December

This is a comparison of Thursday's FOMC statement with the one issued after the Fed's previous policymaking meeting on September 26.

Text removed from the September 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.