This is a comparison of Wednesday's FOMC statement with the one issued after the Fed's previous policy-making meeting on June 15. 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: Information received since the Federal Open Market Committee met in AprilJune indicates that the pace of improvement in the labor market has slowed while growth in strengthened and that economic activity appears to have picked up. Although the unemploymenthas been expanding at a ... (full story)