Here's what changed in the new Fed statement

Published Wed, Dec 10 20252:05 PM ESTUpdated Wed, Dec 10 20252:59 PM EST

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in October.

Text removed from the October 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 Fed Chair Jerome Powell's press conference here.

Get Morning Squawk directly in your inbox

CNBC's Morning Squawk recaps the biggest stories investors should know before the stock market opens, every weekday morning.

Subscribe here to get access today.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.