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.

Watch Fed Chair Jerome Powell's press conference here.

Also on CNBC

• How the Federal Reserve's quarter-point interest rate hike impacts you
• Fed approves hike that takes interest rates to highest level in more than 22 years
• Fed decision trade: What JPMorgan traders see the market doing

Subscribe to the CNBC YouTube Channel

Morning Squawk Newsletter