This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policy-making meeting in July.
Text removed from the July statement is in red with a horizontal line through the middle.Black text appears in both statements.Related Tags.
Text removed from the July statement is in red with a horizontal line through the middle.Black text appears in both statements.Related TagsUnited States Latest News, United States Headlines
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Stock futures flat as investors await Fed meetingOn Tuesday, the Dow closed up marginally, after gaining more than 200 points earlier in the session.
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Trump’s Controversial Fed Nominee Judy Shelton Lacks Senate Votes, Thune SaysRepublicans are still hoping to garner the votes needed to confirm Shelton’s nomination to the Federal Reserve.
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Fed nominee Shelton doesn't yet have Senate support, Thune saysJudy Shelton, U.S. President Donald Trump's controversial pick to serve on the Federal Reserve's interest-rate-setting panel, does not currently have the votes to win confirmation in the U.S. Senate, Republican Senator John Thune said Tuesday.
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Fed expected to raise economic forecasts, extend vow to keep rates lowThe Federal Reserve is expected to wrap up its latest policy meeting on Wednesday with somewhat rosier economic forecasts but a renewed pledge to keep interest rates low for as long as the world's biggest economy needs to recover from its deepest downturn in decades.
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Asian stocks head higher on China data, markets eye Fed meetingAsian equities extended gains on Tuesday and the dollar slipped, with investor sentiment supported by Chinese data and optimism about COVID-19 vaccines.
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Trump's Fed pick doesn't have the votesPresident Donald Trump's controversial pick for the Federal Reserve has hit a roadblock: Judy Shelton -- who is in the midst of a troubled nomination to become a member of the central bank -- still doesn't have the votes for confirmation, Sen. John Thune, the Republican Whip, told reporters Tuesday.
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