This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policy-making meeting on Nov. 5.

Text removed from the November 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.

You can read the full document here.

Watch Fed Chairman Jerome Powell discuss the central bank's latest decision here.

Also on CNBC

• Fed makes move that signals growing focus on climate change risk
• The Fed could disappoint markets Wednesday, even if it keeps a super dovish tone
• Here's everything the Federal Reserve could do at its policy meeting next week

Subscribe to the CNBC YouTube Channel

Morning Squawk Newsletter